All the News That's Fit to Sell
All the News That's Fit to Sell

Author: James T. Hamilton

Publisher: Princeton University Press

Published: 2011-10-23

Total Pages: 355

ISBN-13: 1400841410

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That market forces drive the news is not news. Whether a story appears in print, on television, or on the Internet depends on who is interested, its value to advertisers, the costs of assembling the details, and competitors' products. But in All the News That's Fit to Sell, economist James Hamilton shows just how this happens. Furthermore, many complaints about journalism--media bias, soft news, and pundits as celebrities--arise from the impact of this economic logic on news judgments. This is the first book to develop an economic theory of news, analyze evidence across a wide range of media markets on how incentives affect news content, and offer policy conclusions. Media bias, for instance, was long a staple of the news. Hamilton's analysis of newspapers from 1870 to 1900 reveals how nonpartisan reporting became the norm. A hundred years later, some partisan elements reemerged as, for example, evening news broadcasts tried to retain young female viewers with stories aimed at their (Democratic) political interests. Examination of story selection on the network evening news programs from 1969 to 1998 shows how cable competition, deregulation, and ownership changes encouraged a shift from hard news about politics toward more soft news about entertainers. Hamilton concludes by calling for lower costs of access to government information, a greater role for nonprofits in funding journalism, the development of norms that stress hard news reporting, and the defining of digital and Internet property rights to encourage the flow of news. Ultimately, this book shows that by more fully understanding the economics behind the news, we will be better positioned to ensure that the news serves the public good.

The Markets and the Media
The Markets and the Media

Author: Thomas Schuster

Publisher: Lexington Books

Published: 2006

Total Pages: 170

ISBN-13: 9780739113318

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In recent years there has been a great influx of sources for business and financial news, yet the hope that this financial media boom would lead to the democratization of the financial markets has not been realized. Thomas Schuster's The Markets and the Media explores why the expansion of economic communication has proven to be of only limited benefit, arguing that the financial media boom has had negative repercussions resulting in substantial costs for the individual as well as the systemic level.

News for the Rich, White, and Blue
News for the Rich, White, and Blue

Author: Nikki Usher

Publisher: Columbia University Press

Published: 2021-07-06

Total Pages: 232

ISBN-13: 0231545606

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As cash-strapped metropolitan newspapers struggle to maintain their traditional influence and quality reporting, large national and international outlets have pivoted to serving readers who can and will choose to pay for news, skewing coverage toward a wealthy, white, and liberal audience. Amid rampant inequality and distrust, media outlets have become more out of touch with the democracy they purport to serve. How did journalism end up in such a predicament, and what are the prospects for achieving a more equitable future? In News for the Rich, White, and Blue, Nikki Usher recasts the challenges facing journalism in terms of place, power, and inequality. Drawing on more than a decade of field research, she illuminates how journalists decide what becomes news and how news organizations strategize about the future. Usher shows how newsrooms remain places of power, largely white institutions growing more elite as journalists confront a shrinking job market. She details how Google, Facebook, and the digital-advertising ecosystem have wreaked havoc on the economic model for quality journalism, leaving local news to suffer. Usher also highlights how the handful of likely survivors—well-funded media outlets such as the New York Times—increasingly appeal to a global, “placeless” reader. News for the Rich, White, and Blue concludes with a series of provocative recommendations to reimagine journalism to ensure its resiliency and its ability to speak to a diverse set of issues and readers.

Market-Driven Journalism
Market-Driven Journalism

Author: John H. McManus

Publisher: SAGE Publications, Incorporated

Published: 1994-04-29

Total Pages: 264

ISBN-13: 9780803952539

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This book provides a comprehensive theory of commercial news production. The author's systematic study of the way in which firms deploy resources, such as reporters and photographers, to maximize return to shareholders leads to an examination of the ways such practices affect journalistic quality. John H McManus examines the application of market logic to news and its growing importance to local broadcast media. Until the mid-1980s, local television news tended to be viewed by journalists in other media as an inconsequential, market-driven medium. During the last decade, however, newspapers and network television have also found themselves to be prey to market forces as a consequence of increasing competition and a shrinking advertising market.

Corporate Reputation and the News Media
Corporate Reputation and the News Media

Author: Craig Carroll

Publisher: Routledge

Published: 2010-09-01

Total Pages: 708

ISBN-13: 1135252432

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This volume examines agenda-setting theory as it applies to the news media’s influence on corporate reputation. It presents interdisciplinary, international, and empirical investigations examining the relationship between corporate reputation and the news media throughout the world. Providing coverage of more than twenty-five countries, contributors write about their local media and business communities, representing developed, emerging, and frontier markets – including Argentina, Brazil, Chile, China, Germany, Greece, Japan, Nigeria, Spain, and Turkey, among others. The chapters present primary and secondary research on various geo-political issues, the nature of the news media, the practice of public relations, and the role of public relations agencies in each of the various countries. Each chapter is structured to consider two to three hypotheses in the country under discussion, including: the impact of media visibility on organizational prominence, top-of-mind awareness and brand-name recognition the impact of media favorability on the public’s organizational images of these firms how media coverage of specific public issues and news topics relates to the associations people form of specific firms. Contributors contextualize their findings in light of the geopolitical environment of their home countries, the nature of their media systems, and the relationship between business and the news media within their countries’ borders. Incorporating scholarship from a broad range of disciplines, including advertising, strategic management, business, political communication, and sociology, this volume has much to offer scholars and students examining business and the news media.

Journalism Without Profit
Journalism Without Profit

Author: Magda Konieczna

Publisher: Oxford University Press

Published: 2018-06-21

Total Pages: 265

ISBN-13: 0190641924

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The last decade has witnessed a dramatic decline in the presence and influence of legacy news organizations. This decline has led to tremendous growth in news startups, which have attempted to fill the gap left by their legacy counterparts by producing the quality public service journalism upon which the health of U.S. democracy depends. If legacy news organizations, with their existing infrastructure, are failing, can these startups do any better? This question lies at the heart of Journalism Without Profit. Magda Konieczna explores three prominent news nonprofits: the Center for Public Integrity, one of the oldest and largest of its kind; the Wisconsin Center for Investigative Journalism, a university-based watchdog news organization that relies on others to publish its work; and MinnPost, an online news website. Through in-depth study of the practices of each newsroom, Konieczna isolates one common behavior that will contribute to their success: the way these organizations collaborate and share stories. Though this emergent behavior differentiates news nonprofits from the mainstream journalism from which they arose, it also ties the two forms of journalism together, as news nonprofits attempt to share stories with mainstream publications. In other words, the very behavior that may enable these organizations to do better than their mainstream counterparts also limits their ability to evolve much beyond them. In one of the first major books to focus on nonprofit journalism, Konieczna investigates the major questions that will open the field up to further study. Where did nonprofit news come from, and where is it going? Who funds it, and why? Ultimately, Konieczna offers a new way to think about the seismic changes in journalism that are defining the 21st-century.

Understanding Company News
Understanding Company News

Author: Rodney Hobson

Publisher: Harriman House Limited

Published: 2011-04

Total Pages: 179

ISBN-13: 0857191322

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In the follow up to Shares Made Simple and several others, the author provides investors with keys to understanding and interpreting company news and announcements. This guide is essential reading for all private investors.

How the Market is Changing China's News
How the Market is Changing China's News

Author: Xin Xin

Publisher: Lexington Books

Published: 2012

Total Pages: 177

ISBN-13: 0739150952

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This book provides a critical account of the transformations, both structural and in terms of journalism practice, undergone by Xinhua, the top Party organ of the Communist regime in China, since the start of the reform age in the late 1970s. It sets out to answer a number of key questions: 1.How far has the most influential news organization in China been marketized? 2.How far has the marketization process changed the way in which Xinhua practices journalism? 3.What has the impact of marketization been on Xinhua's relationship with central, local and global actors? 4.What does the case of Xinhua tell us about the transformation of Chinese media more generally? The book draws on a wealth of empirical data derived from a combination of documentary research at Xinhua and Reuters together with more than100 semi-structured interviews with news executives, journalists, officials and academics in Beijing, Shanghai, Guangzhou, Macau, Hong Kong and London. This book also offers: 1.A critical review of theories of globalization, as they relate to media and communication studies, as well as Chinese studies; 2.A discussion of the historical roots of Party journalism in China; 3.An authoritative guide to China's contemporary media and political environment. The book will be an invaluable reference for students and academics in communication and media studies, Chinese studies, Asian studies, international studies and development studies.

Making Nonprofit News
Making Nonprofit News

Author: Patrick Ferrucci

Publisher: Routledge

Published: 2022

Total Pages: 0

ISBN-13: 9781032338033

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Making Nonprofit News examines the essence of nonprofit journalism on multiple levels of analysis, explaining how individuals, routines, organizational makeup and outside institutions all affect news production at nonprofit news organizations. The book argues that the market model itself - not simply the journalism industry - impacts news workers, news content and outside influence on the organization. Essentially, nonprofit journalism organizations are influenced by forces consistently impacting the industry as well as those previously not involved in journalism. Drawing on three years of in-depth interviews with more than 30 journalists at nonprofits, site visits and more broad research on nonprofit journalism, this book is a sociological study of how nonprofit status affects journalistic work. The book further conceptualizes the forces impacting newswork and examines the social institutions now on the boundaries of journalism due to their connection to nonprofit journalism. Exploring how nonprofit news is disrupting the industry's very idea of news, news values and news processes, this is a helpful text for academics and researchers with an interest in journalism, media industries, media sociology and not-for-profits.

What Liberal Media?
What Liberal Media?

Author: Joseph S. Nye

Publisher:

Published: 1990

Total Pages: 384

ISBN-13: 9780465001774

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Argues that the nature of economic power has changed and that the U.S. must develop the will and the flexibility to regain its international leadership role.