Marshall Mendonsa writes: “However, I was reading Barad’s post between the lines and what it insinuated. Hence my queries to him. I am still waiting for the information.”
I think I have sent my response to Marshall’s question. In case it has been lost from my end, I am reposting the response: QUOTE Marshall Mendonsa asks very valid questions as follows: 1.Could you kindly share with us the source of this information? 2.Could you kindly inform us the financial status and source of funding of Tarun Bharat, Daily Pioneer, Organiser, Panchajanya, Kamal Sandesh, India TV. Regarding the first, the information available for NDTV and IBN is from their published balance sheet, since both the companies have public shareholding. When I was discussing with an accountant friend of mine, he says that he is not able to easily work out how the losses are financed. Of course, it could be a reflection on the competence of my friend. ☺ Regarding Outlook and Tehelka, this information is also publicly available, since companies are obliged to publish their balance sheets. Re the second question. First, I do not know their financial status, since I did not look them up. But, given that seasoned organizations are making such large losses, these publications would also be making losses. Perhaps someone else can spend some time researching, and let the members on this list know the picture. I am sure Marshall (and the whole world) knows that Organizer and Panchjanya are the RSS media outlets. In fact, if anything is written in them, it is immediately seen as the RSS view. So, the funding of the losses, if any, would be quite clear. Personally, I do not have any problem of anyone setting up a media outlet AND making losses. The larger issue is that of transparency. I do hope that the various media outlets that are making losses let their viewers know the position. UNQUOTE As far as Marshall’s comment on insinuation is concerned, I am insinuating that perhaps there is a larger agenda amongst the media, and that will be clarified only if there is transparency in the funding of the losses. Best regards, U. G. Barad
