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Local media ownership and media quality

Adam D. Rennhoff and Kenneth Wilbur ()

Information Economics and Policy, 2012, vol. 24, issue 3, 231-242

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.

Keywords: Concentration; Media; Regulation; Television (search for similar items in EconPapers)
JEL-codes: L82 L13 M31 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:eee:iepoli:v:24:y:2012:i:3:p:231-242

DOI: 10.1016/j.infoecopol.2012.08.001

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