This forum is about media ownership and competition. They are two sides of the coin. As more competition is generally viewed as better than less, I favor speaking about the degree of competition in the media industry.
Wednesday, October 03, 2007
WOTM FAQ #4: Is the debate about media concentration you are having with other scholars fun and stimulating?
It’s been awhile since I last added to my FAQ. The above is based on the opening line of a recent email I received from a graduate student. Following is my response.
I can assure you that the subject of media competition and its effects is not a simple academic debate among scholars. This is a high stakes issue. The measurement of media competition-- indeed the definition of what this means-- has policy implications for a wide range of players as well as for society at large. The folks who style themselves as media reformers I believe are more interested in creating a media environment that would be LESS diverse, more beholden to small time moguls with ideological agendas and more ridden with bias than anything we have now. Today the many large companies are most publicly held (the public being the pension funds that teachers, union members, and the rest of us invest our savings in), that are far more transparent than mom and pop entities are, and, by and large, are interested in profitability rather than steering the political or cultural content in any specific direction. I prefer to have the owners as merchants, not missionaries.
News Corp. is often held at the bogey-man by the reformistas. Yet News Corp. has been one of the major providers of choice and diversity in the media business.
-- In the 1980s, it was Murdoch's company that created the fourth broadcast network that media critics had been pleading for over decades.
--In the 1990s, News Corp. risked more of its money to start a second competitive all-news and information network.
-- In the current decade News Corp. continues to subsidize a money losing New York Post newspaper, when other publishers are cutting and running.
One reason this does not impress the so-call media reformers is that the content of these outlets is not what they think "the people" should have ready access to. What they all have in common is that they present us consumers with real choices, with media diversity in the most pragmatic sense.The Fox Network initially went down market, when the reformers assumed a new network would be more elitist. Fox News may or may not be conservative, but it is certainly different than CNN or MSNBC: that's diversity. The New York Post is not my idea of a great newspaper-- but New Yorkers already have the Times and Newsday and the Daily News. The Post is a real choice. Not mine, but for hundreds of thousands of readers. If owning Dow Jones will help News Corporation launch-- again with its own money at risk-- a competitive financial news network to compete with CNBC, then how do we lose?
I don't know if these comments fit into your research, which apparently is looking at a global context. I am merely reinforcing what I hope you have leaned from these "debates": that there is more to media competition than a string of percentages of audience share, who has how much revenue and lists of who owns what.
Wednesday, February 07, 2007
What Media Consolidation? Whose Quality Journalism? Response Below
Our major focus is how consolidation affects journalism. Is quality journalism declining, morphing, getting better? Does it have any affect at all?My response follows:
Well, I remain a bit hesitant. I'm perplexed by your question of whether, as the result of consolidation, quality journalism is declining, morphing or getting better.
First, I'm not sure what consolidation you refer to. The one that has liberated me from the hegemony of the 1960s three national TV networks that were the airwaves in the time of the FCC 's Newton Minow's "Vast Wasteland" speech? Or is it the 2007 television landscape in which those three networks have half the audience ratings they had then and indeed the now five companies that own broadcast networks, combined with all their owned cable networks, have a smaller prime time market share than in the 1970s? Maybe the 1970s when each of those three networks each carried 30 minutes of evening news (at the same hour so I could only watch one-- there were no VCRs or PVRs) or 2007, when I can not only watch them but three others that go on 24/7 with news and info, not to mention services such as New York 1 or New England Cable News that keep me apprised on the local developments?
Second, I'm not sure if the range of "diversity" fits into your notion of quality. I do recall that the media critics of the 1950s and 60s and 70s and into the 80s complained that there was little diversity in television. So I guess they would have been celebrating the arrival in 1986 (concurrent with the FCC loosening ownership limits from 7 to 12 TV stations) of the Fox Network, which brought a noticeably different brand of programming (e.g. "Married with Children"). And I was sure they would cheer cable’s Fox News Network, which, rather than duplicating what we already had brought a noticeably diverse approach. But I think neither brought cheers from the critics-- just from the viewers. I suppose critics meant the kind of diversity they liked, not the taste of the great unwashed. Be careful what you wish for I always say.
Was the quality journalism standard the period of Hearst's Yellow Journalism? Or when Tammany Hall ran
Or maybe you were referring to the quality journalism on the 7000 radio stations-- mostly AM-- that existed in 1970, when the leading pop stations in Philadelphia, New York, Chicago, LA, Denver, Seattle, etc. were all using the same top 40 play list they bought from national syndication services. Then again, maybe the Golden Age of radio journalism dates back to 1937, when four radio networks and their owned local stations accounted for 50% of industry revenues, much more than the four largest radio groups have today. Or was it 1947, when 94% of all radio stations were part of only four networks?
Probably any quality radio journalism is the product of the 20% of all 14,000 radio stations we have today that are non-commercial, getting most of their identical programming created for them from two national networks in Washington (NPR) or Minneapolis (APM).
And, you may notice, I haven't even mentioned the Internet, YouTube, Yahoo's Kevin Sites in the Hot Zone series , Huffington Post, Buzz Machine, BuffaloRising.com, Pegasus News, Backfence.com, Al Jazeera's streaming TV and the BBC, too, for a start.
So in the end, what I need to know is, what is your benchmark for "consolidation" and what is your standard for "quality?"
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