Firstpost.com acquires satire portal, Faking news

Network18′s online news portal Firstpost.com has acquired FakingNews.com. FakingNews.com will remain as a standalone entity, and Founder Rahul Roushan will remain its editor.

“Two years after launch that we are a social news product is beyond doubt. Our audience through social networks and the interaction on our site, have proven, unequivocally, that social relevance will drive our future,” said Durga Raghunath, VP Product and Exec News Producer, Firstpost.

“ Our first step into this future, is the acquisition of Faking News, a site that has defined satire and humour writing in India.
Our strong belief is that those who are digital news addicts, are also those who have an enormous appetite for satire,” she added.

Rahul Roushan of Faking News adds:” It was clear that the “next step” involved finding the right partners for growth, and growth in the right direction. Faking News had to continue being a “news satire” website and not lose its focus. And after a lot of thinking and evaluating various options, I decided to go ahead with Firstpost.”

“Firstpost is not your typical “mainstream media” outlet. It values its readers, it believes in interaction, and doesn’t see the “social media” as its antithesis, “ Roushan said.