Local media ownership and media quality

被引:6
|
作者
Rennhoff, Adam D. [1 ]
Wilbur, Kenneth C. [2 ]
机构
[1] Middle Tennessee State Univ, Jones Coll Business, Murfreesboro, TN 37132 USA
[2] Duke Univ, Fuqua Sch Business, Durham, NC 27708 USA
关键词
Concentration; Media; Regulation; Television; 2-SIDED MARKETS; PRODUCT VARIETY; COMPETITION; WELFARE; MERGERS;
D O I
10.1016/j.infoecopol.2012.08.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
The Federal Communications Commission regulates local media ownership to promote competition, diversity and the provision of local programming. This study investigates how local media cross-ownership, co-ownership and ownership diversity are associated with media market outcomes. Cross-sectional regressions indicate that television station ownership consolidation is associated with increased local TV news production but lower news ratings. However, panel estimation finds that changes in local media ownership are uncorrelated with local media usage or programming, producing confidence intervals that are tightly centered around zero. (C) 2012 Elsevier B.V. All rights reserved.
引用
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页码:231 / 242
页数:12
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