Media Ownership and Journalism

Abstract

Abstract Media ownership is of interest to research on journalism due to the assumption that ownership can have an impact of the contents and practices of journalism. Ownership of news media take many forms: state ownership, family ownership, party ownership, trust ownership, public or corporate ownership. The main concern with ownership in journalism scholarship is market concentration and monopolization, and the undue effects this may have on media diversity, public opinion formation, democracy, and journalistic autonomy. Throughout the research, ownership motivations are assumed to lie with the potential financial and political benefits of owning journalistic media. Benevolence is seldom assumed, as the problematic aspects of ownership are treated both from the management side of the research, and from the critical political economy perspective. News and journalism are largely understood as public goods, the quality of which is often seen as threatened by commercialism and market realities, under the economic aims of owners. However, the many forms and shapes that ownership of news media assume have different impacts on the competition between media outlets, the organization of editorial production, journalistic and professional cultures, and the intensity of corporate and profit maximizing philosophies that journalists work under. Ownership, however, assumes different forms in different media systems.

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