News for sale – dangerous news papers – cheating with public

Imagine yourself as

1. You are planning to buy a TV.
2. You decided to wait for 3 months for some research and opinion building.
3. You asked your friends who were having mixed opinion
4. During 3 months you have read very good comments about a new TV company for 5-6 times in leading news paper.
5. You bought that TV,
6. Within just 6 months, TV had problem. How do you feel ?

On the top of that when you came to know that news paper was receiving equity shares in the TV company for publishing reports, what would be your reaction ?

I am referring to few news papers including very highly circulated news papers.

I read few months back that news paper is accepting equity in return of news content e.g. writing good about a company, writing good about their product / services etc and accepting equity in the company as a services fees. Do you think it should be called service fees? Shouldn’t it be called bribe?

I remember one of my friend, who was writing for a leading news paper in India saying that his article was rejected. Topic – property prices are set to tumble. News paper rejected the article. Unconfirmed source said, it is because real estate developers (Builders) are big source of income for news paper. Publishing such article will make them angry so they can’t publish such news.

Today, I was reading some news about property market for last 2 months in the news paper. We all know that property market is sluggish because of cash crunch and high prices. But the news paper is regularly publishing articles that it is best time to invest. Indian properties are under priced. We have great requirement for property etc.

It is very clear that it is all in line with their real estate developer nexus.

Don’t you think it is cheating with Public?

Note:

1. This news is about India. But I don’t know if this is applicable to other parts of the world or not. I know crooks are crooks everywhere.
2. Wait for next blog about Builders in India.