Television is the dominant entertainment medium for hundreds of millions. This chapter surveys the economic forces that … determine the production and consumption of this content. It presents recent trends in television and online video markets, both … number of distinct themes emerge, including the growing importance of the pay-television sector, the role played by content …

television in the formation of political consensus in Italy. Based on probit and instrumental variables estimates, we find trust … in television to be the most significant predictor of trust in the Italian prime minister. The latter is also strongly …