The Federal Communications Commission regulates local media ownership to promote competition, diversity and the provision of local programming. This study investigates how local media cross-ownership, co-ownership and ownership diversity are associated with media market outcomes. Cross-sectional...

This paper investigates whether ownership in media affects a corporate media coverage. Using a sample of publicly listed firms in China, we find that firms with media affiliations do receive favorable slant coverage from the financial media. Two possible explanations are explored, one is firm...

In 2003 the Federal Communication Commission (FCC) proposed modest relaxation of its media ownership concentration rules; the proposal aroused heated political opposition and has been partially overturned by Congress and stayed pending appellate review. The purpose of this paper is quite narrow:...

The role of media – whether television, newspapers, radio, or the Internet – in supplying the ideas that shape our viewpoints and cultures is such that the dangers that may accompany concentrations of ownership in this sector are well recognized. Ownership patterns affect not only pluralism,...