机构:
Middle Tennessee State Univ, Jones Coll Business, Murfreesboro, TN 37132 USAMiddle Tennessee State Univ, Jones Coll Business, Murfreesboro, TN 37132 USA
Rennhoff, Adam D.
[1
]
Wilbur, Kenneth C.
论文数: 0引用数: 0
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机构:
Duke Univ, Fuqua Sch Business, Durham, NC 27708 USAMiddle Tennessee State Univ, Jones Coll Business, Murfreesboro, TN 37132 USA
Wilbur, Kenneth C.
[2
]
机构:
[1] Middle Tennessee State Univ, Jones Coll Business, Murfreesboro, TN 37132 USA
[2] Duke Univ, Fuqua Sch Business, Durham, NC 27708 USA
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. (C) 2012 Elsevier B.V. All rights reserved.