A monopolistic advertiser-supported television station chooses the program quality to serve (potential) viewers whose preferences may be skewed towards low or high program quality. The monopolist's profit-maximizing choice of program quality is completely characterized for fixed advertising time...

The existing literature on "two-sided markets" addresses participation externalities, but so far it has neglected pecuniary externalities between competing platforms. In this paper we build a model that incorporates both externalities. In our setup differentiated platforms compete in advertising...

In the future, a ban of pay-per-view broadcasting will arise on certain events included on national lists in each EU country as put forward in the new ''Television Without Frontiers'' Directive from the 16th of April 1997. This paper analyses theoretically the consequences of such ban when the...