Television
Report on Shemaroo

Arnab Goswami's advice to budding digital news entrepreneurs and independent journalists

The new media should be independent, able to shout out loud

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2020/09/16/arab.jpg?itok=tAr6WmLa

NEW DELHI: There is no denying the fact that Arnab Goswami today is one of the most successful entrepreneurs in the Indian news media space today, having taken his labour of love Republic TV Network to number 1 spot within a span of a few years of its launch. But it certainly wasn’t an easy journey for him to achieve that. 

However,  he learnt a great many lessons on his way to excellence. And as he takes on the next step in the trajectory towards diversifying his digital reach, he recently shared his tips for budding entrepreneurs in the new media space during a virtual fireside discussion with Indiantelevision.com founder, CEO & editor-in-chief Anil Wanvari. 

Read more coverage on Arnab Goswami

1. Be financially independent

Goswami pointed out that a journalist can retain his/her independence only if they are not dependent on someone else for the constant flow of money. He insisted that the money could be arranged through debt, equity, or donation. 

“I will advise that one should avoid going into debt and not rely on donation. There is nothing called a free lunch. Do not accept any strategic investment if you are not sure about being able to give the investors an exit in the near future. You should ask yourself the question if you can’t give them an exit, will they be deciding your editorial content in future,” he noted. 

2. Break-even

Your initial focus should be on breaking even in the initial months of the business. The most important thing for any digital business is to break even. 

“The mistake that many entrepreneurs in the digital space make that they get  excited with the initial rush of money but they should be very careful where they spend it. Ask yourself if you can break even in one month, and if you can’t you should not be taking away from your co-workers and essential resources. Don’t splurge on  vanity,” he explained. 

3. Don’t launch a content strategy based on seasonality 

One must not be creating a content strategy based on seasonal issues. The same editorial angle might not work in the long run as the audience's thought process might not sustain. Therefore, a content strategy should be independent. 

“You should only be answerable to viewers who have faith in you. Do not change your editorial stance based on social media commentaries. The beauty of the media lies in the very fact that the people criticising you for one story might start supporting you for others,” Goswami quipped. 

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/16/photogrid_plus_1621131122796.jpg?itok=njeDfVgA
Financial Express managing editor Sunil Jain succumbs to Covid

New Delhi: The ferocious second wave of Covid-19 continues to take a heavy toll on the news industry. Sunil Jain, managing editor of Financial Express passed away on Saturday after battling with post-Covid complications. He was 58. 

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/15/mi-csk.jpg?itok=PX74Vm0j
IPL 2021: MI-CSK game becomes the most-watched midseason match

KOLKATA: What does India love to watch? Cricket, especially the Indian Premier League (IPL) which continues to remain top of the chart. Despite being suspended mid-way due to a surge in Covid-19 cases, the 14th edition of the league managed to create new viewership records. With 11.2 billion...

Television TV Channels Sports
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/14/photogrid_plus_1620993401447.jpg?itok=khynu7hn
Republic TV expands its footprint in UK with DistroTV

Mumbai : English news channel Republic TV is pivoting to digital, OTT and smart TV distribution with the latest addition of DistroTV to cater to the diaspora in the United Kingdom market.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/14/photogrid_plus_1620986435635.jpg?itok=Xv7zMrKl
Zee Kannada to air new show Krishna Sundari from 17 May

Mumbai: Popular Kannada channel Zee Kannada is all set to launch its new dubbed fiction show titled Krishna Sundari on 17 May. The new show will be aired on the channel at 07.00 PM daily. Krishna Sundari is the Kannada dubbed version of the Telugu serial Krishna Tulasi starring Aishwarya H and...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/14/photogrid_plus_1620985709708.jpg?itok=7oHImuTz
Planet Marathi completes four years, set to launch two new films

Mumbai: Marathi digital platform Planet Marathi has completed four years in the industry. Formed by Akshay Bardapurkar in 2017, the platform has attempted to reinvent Marathi entertainment with Planet Marathi Production, Planet Marathi OTT, and Planet Talent.

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/14/bb.jpg?itok=_hs0Cx3-
Times Group chairman Indu Jain succumbs to Covid

Times Group chairman Indu Jain passed away on Thursday night due to Covid-related complications. She was 84. The group owns the Times of India and other newspapers.

Television TV Channels News Broadcasting
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/13/photogrid_plus_1620909725744.jpg?itok=MMOWv0i3
Colors Tamil brings world television premiere of Nayanthara's crime thriller

Colors Tamil, the youngest GEC in Tamil Nadu is all set to bring the world television premiere of Nee Enge En Anba, a crime thriller that stars Nayanthara in the lead roles. The movie will be premiered in Colors Tamil as a part of its Movie of the Month segment on 16 May at 02.00 PM, and a repeat...

Television TV Channels Regional
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/13/photogrid_plus_1620902940150.jpg?itok=dRZdqwkD
FMCG ad volumes show record growth amid pandemic threat

In a piece of good news for the television industry amid these pandemic times, ad volumes for the FMCG sector in April witnessed a record growth, said Broadcast Audiences Research Council (BARC).  According to BARC data released on Thursday, ad volumes for FMCG grew by 166 per cent and 42 per cent...

Television TV Channels Viewership
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/05/13/photogrid_plus_1620902782848.jpg?itok=NbzgEjFX
Zee Telugu celebrates 16th anniversary with Zee Mahotsavam

KERALA: Zee Telugu has completed 16 years in the industry. The channel began its journey on 18 May 2005, and since its inception, it has been curating compelling content that matches the tastes and preferences of a varied palette of viewers and has carved a special place in the hearts of Telugu...

Television TV Channels Regional

Sign up for our Newsletter

subscribe for latest stories

* indicates required