Public funding of private media

Corinne Schweizer, Manuel Puppis, Matthias Künzler and Samuel Studer

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: As advertising revenues shift to non-journalistic platforms, news organizations face financial difficulties. To safeguard pluralism and editorial competition, alternative funding sources should be considered. Policymakers can support private media organizations with mechanisms such as tax relief or even direct subsidies to specific media companies. Such support need not compromise media independence if safeguards such as statutory eligibility criteria are in place. Given convergence, support for private media should also be extended to online media.

JEL-codes: E6 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2014-03
New Economics Papers: this item is included in nep-cul and nep-mac
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