| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14494 |
| DP14494 Media Competition and News Diets | |
| Charles Angelucci; Julia Cagé; Michael Sinkinson | |
| 发表日期 | 2020-03-16 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | News media operate in two-sided markets, offering bundles of content to readers as well as selling readers’ attention to advertisers. Technological innovations in content delivery, such as the advent of broadcast television or of the Internet, affect both sides of the market, threatening the basic economic model of print news operations. We examine how the entry of television affected local newspapers as well as consumer media diets in the United States. We develop a model of print media and show that entry of national television news could adversely affect the provision of local news. We construct a novel dataset of U.S. newspapers’ economic performance and content choices from 1944 to 1964. Our empirical strategy exploits quasi-random variation in the timing of the entry of television in different markets. We show that the entry of television was a negative shock for newspapers, particularly evening newspapers, in both the readership and advertising markets. Further, we find a drop in the total quantity of news printed, in particular original reporting, raising concerns about the provision of local news. |
| 主题 | Industrial Organization ; Public Economics |
| 关键词 | Media Local news Television Newspapers Advertising Bundling Two-sided markets |
| URL | https://cepr.org/publications/dp14494 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543395 |
| 推荐引用方式 GB/T 7714 | Charles Angelucci,Julia Cagé,Michael Sinkinson. DP14494 Media Competition and News Diets. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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