Competition and the allocation of resources for local television news

Stephen R. Lacy · Tony Atwater · Xinmin Qin

18 citations0/0 files storedJournal of Media Economics

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Journalism and Media Studies Media Studies and Communication Media Influence and Politics

Abstract

This study applies “financial commitment” theory to local television news, exploring how competition affects the allocation of financial resources. It found that as competition intensified, television stations increased their expenditures for news, apparently as a means of product differentiation and increasing quality.

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References

1957The Theory of Monopolistic Competition 1987The Effects of Intracity Competition on Daily Newspaper Content 1986An Economic Analysis of Daily Newspaper Performance 1984Product Differentiation in Local TV News 1986Consonance in local television news 1988Cost and competition in the adoption of satellite news gathering technology 1984The effects of market structure on television news pricing 1961Completeness of Press Coverage of the 1960 Campaign

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2019Digging for (Ratings) Gold: The Connection Between Investigative Journalism and Audiences 1995Theoretical and Practical Considerations in Operationalizing Newspaper and Television News Competition 1993Competition, conduct, and ratings in local television news: Applying the industrial organization model 1996The expression of localism: Local TV news coverage in the new video marketplace 2014The Relationship of Competition and Financial Commitment Revisited: A Fuzzy Set Qualitative Comparative Analysis in European Newspaper Markets

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