Media competition and news diets
By: Angelucci, Charles Cagé, Julia and Sinkinson, Michael
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Material type: 
BookPublisher: American Economic Journal: Microeconomics Description: 16(2). May, 2024: p.62-102.Subject(s): Technological innovation, Broadcast television, Internet disruption, Local newspapers, News bundling, Third-party content, Media competition, Newspaper economics, Content reduction, Local news decline, Advertising market, Readership impact, Quasi-random variation, News diet, Political congruence, Voting patterns, Media influence, Historical dataset, Party vote share, Election alignmen
In:
American Economic Journal: MicroeconomicsSummary: Technological innovations like broadcast television and the internet challenge local newspapers' business model of bundling their local content with third-party content, such as wire national news. We examine how the entry of television affected newspapers and news diets in the United States. We construct a dataset of newspapers' economic performance and content choices from 1944 to 1964 and exploit quasi-random variation in the rollout of television to show its negative impact in the readership and advertising markets. Newspapers responded by reducing content, particularly local news. We tie this change to increased party vote share congruence between congressional and presidential elections.- Reproduced
https://www.aeaweb.org/articles?id=10.1257/mic.20220163
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 16(2). May, 2024: p.62-102 | Available | AR132573 |
Technological innovations like broadcast television and the internet challenge local newspapers' business model of bundling their local content with third-party content, such as wire national news. We examine how the entry of television affected newspapers and news diets in the United States. We construct a dataset of newspapers' economic performance and content choices from 1944 to 1964 and exploit quasi-random variation in the rollout of television to show its negative impact in the readership and advertising markets. Newspapers responded by reducing content, particularly local news. We tie this change to increased party vote share congruence between congressional and presidential elections.- Reproduced
https://www.aeaweb.org/articles?id=10.1257/mic.20220163
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