Issues and challenges of business journalism

Economic Journalism in Nepal Issues and Challenges Prem Khanal Associate Editor Republica, English Daily

Business Journalism in Nepal ,[object Object],[object Object],[object Object],[object Object]

Issues of Business Journalism ,[object Object],[object Object],[object Object],[object Object]

Conflict in Business Journalism ,[object Object],Internal External 1. Management 2. Editorial 3. Marketing 4. Circulation 1. Readers/Viewers/Listeners 2. Other Media/Competitors 3. Advertisers 4. Interest groups

Conflict of Interest (Internal) Management Higher revenue/ profits, strong and credible media Editorial Unbiased and quality reporting with no corporate or commercial influences Marketing Promotional stories but resistance to negative news [Self censorship + tools of maneuvering ??] Circulation (Print media) Timely wrap up of pages, catchy but simple headlines

External and Internal Interests Management Advertisers/Clients Interest Groups Editorial Readers/Viewers/Listeners Other Media/Close Competitors/Circulation Marketing/ Circulation Advertisers/Clients/ Subscribers

Issues of Tussle ,[object Object],[object Object],[object Object],[object Object],[object Object]

Issues related to Business Journalism ,[object Object],[object Object],[object Object],[object Object]

Public communication: Missing link Source Receivers (Audience ) Medium (Channel) News maker Feedback (Reaction) No Reform Results

Complex Presentation ,[object Object],[object Object],[object Object],[object Object],[object Object]

Who are the audience? ,[object Object],Source: Snap Survey and FGD Age Group Political Business Sports Entertainment Others 15-25 15 10 30 40 5 26-35 30 15 20 25 10 36-45 40 20 15 15 10

Who are the audience? ,[object Object],[object Object],Source: Snap Survey and FGD Age Group Political Business Sports Entertainment Others 15-25 15 15 30 35 5 26-35 30 20 25 15 10 36-45 40 25 10 15 10

Reliability of Business News ,[object Object],[object Object],[object Object],[object Object]

Imperfect news sources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Problems of Business Journalism ,[object Object],[object Object],[object Object]

The results... ,[object Object],[object Object],[object Object],[object Object],[object Object]

Initiatives to train business journalists ,[object Object],[object Object],[object Object],[object Object],[object Object]

Business Journalism: Academic Study in Nepal ,[object Object],[object Object]

Issues that need urgent attention ,[object Object],[object Object],[object Object]

For academic study ,[object Object],[object Object],[object Object],[object Object],[object Object]

There exists two biggest hurdles For non-academic area For academic studies No training packages for non-academic skill development trainings for working journalists Lack of reference books for academic study of economic and business journalism

So, two-pronged approach is needed For non-academic area For academic studies Develop different levels training materials for working journalists, at least to begin with 1. For basic level 2. Intermediate level Develop a reference book that matches with university syllabuses and requirements

At the end …. ,[object Object],[object Object]

Issues and challenges of business journalism

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Issues and challenges of business journalism