Economics of Media
Discussions of economic forces that shape mass media in the information age.
Thursday, March 27, 2014
A controversy at Bloomberg shows why subsidizing journalism is a bad idea
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One popular idea for financing journalism is to create a non-journalistic business that generates enough profits to effectively subsidize ...
Tuesday, January 1, 2013
Will the next 10 years bring more of the same for journalists and journalism jobs?
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So, where do things stand for journalists who hope to earn a decent living for the foreseeable future? Internet-based companies have so fa...
Thursday, December 27, 2012
A note on how wages might be affected as computers do more and more journalism jobs
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For readers interested in the larger implications of automating jobs that journalists and many other office workers do, I recommend this b...
Saturday, December 15, 2012
Why it makes economic sense for Google to build computer programs that do the jobs that journalists do
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A quick note. Google appears to be expanding its computer programs that do the work that journalists do. These programs are called digita...
Thursday, December 13, 2012
Newspapers will put themselves out of business if they take advice from commentators who are telling them to become “more like” new media
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Subheads in this post: 1. Each newspaper should charge its readers because prices are a critical economic signal that newspapers need to s...
Monday, December 10, 2012
Why new media can’t replace all the news and information created by old media
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My last post mentioned that new media companies would collapse if they had to produce original news and other information. This point is of...
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