‘Scale Up And Someone’s Gonna Buy You Up ‘: R Jagannathan

Govindraj Ethiraj the founder of Boom Live and India Spend , R Jagannathan, the editorial director of The Swarajya, Sanjay Pugalia Editorial director of The Print spoke on, who has the funds to fuel digital media.

Jaipur, 11 August 2018 — Digital media has brought in an evolutionary change in the way news is reported. At the talk journalism 2018,we have Govindraj Ethiraj, founder, Boom Live & India Spend), R. Jagannathan, editorial director, The Swarajya and Sanjay Pugalia, editorial director, The Print who spoke on “who has the funds to fuel digital media”.

R.Jagannathan quoted “there can be personal funding, investor or corporation funding- its not about money, world has an access of money but in India its about crony capitalism. Lot of well wishers are there to fund organisations in form of donations;” Continuing this Sanjay Pugalia added “The digital media is colonized by only two- Google and Facebook and to get independent of that is almost impossible, on the other side quality content creation is very expensive business.”

On the question asked upon a large organisation that can be aligned ideologically, R. Jagannathan said Human beings like story and spinning around the story is the art of journalism and people see what is relevant but that doesn’t mean they have to write everything they disagree with .

           Sanjay Pugalia, said that newspapers will disappear in the future is an assumption by giving the example of  the Bengali afternoon newspaper which is doing well. He also added, entertainment doesn’t mean bollywood it could also mean politics, Sometimes to see Narendra Modi being hugged by Rahul Gandhi is fun. Sanjay Pugalia is happy with some of them while Buzzfeed and Scoopwoop has disappointed him.

R. Jagannathan concluded with, ‘we need split kind of funding, like 20 journalists directly being funded by investors.

Text:  Mayank Meliwar and Vaishnavi Gaharwar | Copy edit: Rucha Kanaolkar | Photo: Mayank Meliwar | Photo desk: Anu Sonia A |Editorial coordination: Jyoti Mamnani

The report was filed during live newsroom workshop conducted by Institute of Integrated Digital journalism and Mass Communication(IIDJM) 

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