Kumaran Pillai, chief executive of venture accelerator Apple Seed Pte Ltd says setting up a digital media business requires deep pockets, and believes that news consumption will soon be based on individual preferences, rather than being decided by an editor. “Editorial gatekeeping will be a thing of the past, with editors playing less of a role in the news platforms of the future. The power shifts from the producer to the consumer,” he explained in an interaction with DEALSTREETASIA.
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