Local Media Ownership and Media Quality

28 Pages Posted: 5 Jan 2012 Last revised: 3 Oct 2012

Adam D. Rennhoff

Middle Tennessee State University

Kenneth C. Wilbur

University of California, San Diego (UCSD) - Rady School of Management

Multiple version iconThere are 2 versions of this paper

Date Written: July 31, 2012

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.

Suggested Citation

Rennhoff, Adam D. and Wilbur, Kenneth C., Local Media Ownership and Media Quality (July 31, 2012). TPRC 2011. Available at SSRN: https://ssrn.com/abstract=1979917

Adam D. Rennhoff (Contact Author)

Middle Tennessee State University ( email )

P.O. Box 27
MTSU
Murfreesboro, TN 37132
United States
615-898-2931 (Phone)

HOME PAGE: http://mtweb.mtsu.edu/rennhoff

Kenneth C. Wilbur

University of California, San Diego (UCSD) - Rady School of Management ( email )

9500 Gilman Drive
Rady School of Management
La Jolla, CA 92093
United States

HOME PAGE: http://kennethcwilbur.com

Paper statistics

Downloads
66
Rank
109,361
Abstract Views
895