In several developed countries, media monopoly has developed in a big way, eroding diversity, pluralism, and the values of serious journalism. The situation in India is rather different, as is appropriate to a stage of media development when ageing, economic maturity, and the problems of maturity have not yet set in (Magnier 2012).But here too monopolistic tendencies and aggressive market practices aimed at aggrandizing market share and killing competition have manifested themselves in the press and, to an extent, in the news television sector. There is clear evidence of hyper-commercialization, which takes a heavy toll of journalism.

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