Saturday, September 26, 2015

Market and Nepali press

Rajesh Sharma

I am sorry for making this my view public about journalists and media but I thought it to share with friends.
The journalists in Nepal are three types - principled, mobile and pressurized.
The first type are not many in number and are mostly not in good book of media barons. They are a bit comfortable financially and could stand on their principles.
The second type are always looking around for a few bucks to get as gift from heaven.
The third type are, perhaps, honest and dedicated but are in financial difficulties. They know but could not resist the pressure of the lords of the media - the owner.
The BIG media houses are really not part of the fourth state, they are out right businesses. They do not run TV or newspapers or journals or portals for a noble or greater mission but run the enterprises as profit ventures. Many smaller ones have also the same nature.
Hence, these types may keep eye always open to grab financial benefits out of news, views or other press products.
Like others, journalists or media from financial or economic aspects are also in business of manufacturing news and events. Therefore, credibility of media and the journalists in Nepal has eroded to a large extent.
So, when we think to share some information, let's quote the source. Quoting source primarily is not to prove but to provide other readers the credibility range of the news by aligning with the credibility graph of the source.
In share market, news has major influence and market like ours are full of rumors spread as news. Believing is highly costly than non-believing most of the time. Personally, I do not believe till I know the primary source of any vital information.

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