We review and model the impact of the internet on the production and uptake of high-quality news. Our review of trends in the market for news suggests 3 stylized facts: i) particular quality news markets are dominated by merely a few providers, ii) demand for quality news appears stable, but...

The internet enables the media to initially post and change articles at any time. I compare this situation to one in which news can only be released once. I determine the editorial standard, a cutoff for how confident a firm must be to post an article. If changing a story is costly, the firm's...

This report contains an overview of the relevant economic research literature on the digital transformation of news markets and the impact on the quality of news. It compares various definitions of fake news, including false news and other types of disinformation and finds that there is no...