Corruption in the media is as old as, well, Malabar Hill, except that stories of individual transgressions—journalists and editors seeking cars, houses, laptops etc—have now been supplanted by stories of institutional transgressions.
Writing in the Financial Times, London, the historian Ramachandra Guha puts his finger on a newer and more insidious form of media corruption:
“The Republic of India today faces challenges that are as much moral as social or political…. These (corruption scandals) have revealed that manner in which our politicians have abused the State’s power of eminent domain, its control of infrastructural contracts, and its monopoly of natural resources, to enrich themselves…. This activity cuts across political parties—small and large, regional and national.
“It has tainted the media too, with influential editors now commonly lobbying pliant politicians to bend the law to favour particular corporations….
“[The] current wave of corruption scandals will put at least a temporary halt to premature talk of India’s rise to superstardom. Such fancies are characteristic of editors in New Delhi and businessmen in Mumbai, who dream often of catching up with and even surpassing China.”
Also read: Bangalore journos named in site allotment scam
Only in India: 90% off for journalists!
Cash transfer scheme is already here for journalists
Media houses are sitting on plots leased at one rupee!
Anti-corruption campaigner’s “error of judgement”
IJR 
“Malini Parthasarathy, who would have become the first woman editor of a broadsheet English newspaper had the traditional succession plan been implemented….” is not correct.
A T Jayanti is, for your information, the editor of Deccan Chronicle, a broadsheet. She is still ruling the roost, hiring and firing people at her will and pleasure.
I remember, if I remember right, a woman was the editor of Maharashtra (Poona) Herald years ago.