Media Competition and News Diets - Sciences Po Accéder directement au contenu
Pré-Publication, Document De Travail Année : 2020

Media Competition and News Diets

Charles Angelucci
  • Fonction : Auteur
Julia Cage
Michael Sinkinson
  • Fonction : Auteur

Résumé

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.
Fichier principal
Vignette du fichier
2020-cage-media-competition-and-news-diet.pdf (6.92 Mo) Télécharger le fichier
Origine : Fichiers éditeurs autorisés sur une archive ouverte

Dates et versions

hal-03393063 , version 1 (21-10-2021)

Identifiants

Citer

Charles Angelucci, Julia Cage, Michael Sinkinson. Media Competition and News Diets. 2020. ⟨hal-03393063⟩
113 Consultations
53 Téléchargements

Partager

Gmail Facebook X LinkedIn More