In the past week, two major corporations have issued statements to suggest that they would not like to advertise on news channels that air toxic content.
In a report in , Krishnarao Buddha of Parle Products — the maker of Parle G biscuits — said the company would not like to advertise on channels that promote aggression and toxicity since it does not favour its target consumer.
He added: “We are exploring possibilities wherein other advertisers can come together and sort of put a restraint on their advertising spends on news channels, so that there is some sort of a clear signal to all the news channels, that they better change their content.”
Earlier last week, Bajaj Auto managing director Rajiv Bajaj told journalist Shereen Bhan on CNBC TV18 that the brand would never be associated with anything that is, beyond reasonable doubt, "a source of toxicity in our society".
In October last year, Newslaundry began its series Bloodlust TV where we TV anchors, channels and sponsors of primetime debates fanning hate and spreading misinformation. The series had called out Zee News’ , Republic TV’s misinformation on the , and Sudarshan News's , which was incidentally powered by the Uttar Pradesh government.
In The Media Rumble dispatches this year, Newslaundry hosted a discussion, “Hate News: With Great Advertising Comes Great Responsibility”, which looked at the questions of brand responsibility in powering news content.
The media industry is in crisis. Journalists, more than ever, need your support. You can support independent media by paying to keep news free. Because when the public pays, the public is served and when the advertiser pays, the advertiser is served. Subscribe to Newslaundry today.