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Local media ownership and media quality

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Author Info

  • Rennhoff, Adam D.
  • Wilbur, Kenneth C.

Abstract

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.

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Bibliographic Info

Article provided by Elsevier in its journal Information Economics and Policy.

Volume (Year): 24 (2012)
Issue (Month): 3 ()
Pages: 231-242

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Handle: RePEc:eee:iepoli:v:24:y:2012:i:3:p:231-242

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Web page: http://www.elsevier.com/locate/inca/505549

Related research

Keywords: Concentration; Media; Regulation; Television;

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References

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