The announcement the People’s Daily, the daily newspaper of the Communist Party, is going – at least partially – public did not come as a surprise to media watcher Jeremy Goldkorn from Beijing, he tells AFP.
“This has been brewing for some time,” said Jeremy Goldkorn, founder of Beijing-based media research firm Danwei.
“Why not get the money from the market, instead of the government, if they can,” he told AFP.
Up to 10 state-owned media websites, including those of the People’s Daily, state broadcaster China Central Television and the Xinhua news agency — are planning domestic stock listings, state media said last year.
“If they are going to have state-controlled media companies that are successful in holding people’s attention, then being run like commercial enterprises is going to be better,” Goldkorn added.
- British media on China – Zhang Lijia/Jeremy Goldkorn (chinaherald.net)
- China’s ‘soft power’ fails – Jeremy Goldkorn (chinaspeakersbureau.info)
- “China’s Fox News” (andrewsullivan.thedailybeast.com)
- Communist paper seeks investors (bbc.co.uk)