The presence of relatively free media has changed lives mostly for the better. Media has played an important role in connecting the world even before internet. Today information travels faster due to the availability of numerous independent television channels. Due to its reach and real time information sharing, the electronic media has the major piece of the pie when it comes to impacting people. At PIDE, we try to understand and look at different perspectives of different phenomenon and bring new perspectives for our readers. We have devoted this issue to the political economy of news media.