IDEAS home Printed from https://ideas.repec.org/a/kap/jculte/v24y2000i1p1-26.html
   My bibliography  Save this article

The Economics of Monomedia and Cross-Media Expansion: A Study of the Case Favouring Deregulation of TV and Newspaper Ownership in the U.K

Author

Listed:
  • Gillian Doyle

Abstract

Since the early 1990s, regulators across the globehave faced increasing pressure from media firms toliberalise domestic media and cross-media ownershiprestrictions. Based on empirical research carried outin the U.K., this paper examines the ``economic'' case putforward in favour of deregulation. Findings suggestthat, although factors other than size will affectperformance, there is generally a strong and positivecorrelation between the market share and the operatingprofitability of firms involved in either televisionor radio broadcasting or newspaperpublishing. But, with regard to cross-media ownershipof television and newspapers, there is nocompelling evidence that diagonal integration bringsabout inherent synergies, economies of scope or othereconomic benefits. Thus, whereas a variety ofeconomic efficiency gains may be available to justifya relaxation of restrictions over monomedia expansion,few such benefits can be found in support ofderegulating cross-ownership of television andnewspapers. Copyright Kluwer Academic Publishers 2000

Suggested Citation

  • Gillian Doyle, 2000. "The Economics of Monomedia and Cross-Media Expansion: A Study of the Case Favouring Deregulation of TV and Newspaper Ownership in the U.K," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 24(1), pages 1-26, February.
    • Handle: RePEc:kap:jculte:v:24:y:2000:i:1:p:1-26
    DOI: 10.1023/A:1007599617438
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1023/A:1007599617438
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1023/A:1007599617438?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Williamson, Oliver E. & Winter, Sidney G. (ed.), 1993. "The Nature of the Firm: Origins, Evolution, and Development," OUP Catalogue, Oxford University Press, number 9780195083569.
    2. Blair, Roger D. & Kaserman, David L., 1983. "Law and Economics of Vertical Integration and Control," Elsevier Monographs, Elsevier, edition 1, number 9780121034801.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amy Whitaker, 2021. "Economies of scope in artists’ incubator projects," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 45(4), pages 613-631, December.
    2. Kim, Hyunchul & Park, Minsoo & Lee, Sangwoo, 2017. "Do vertically and horizontally integrated firms survive longer? The case of cable networks in Korea," Information Economics and Policy, Elsevier, vol. 39(C), pages 84-93.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aerni, Philipp, 2012. "Applying New Growth Theory To International Trade," Papers 415, World Trade Institute.
    2. Steven F. Koch, 2005. "Love and Addiction: The Importance of Commitment," Working Papers 200516, University of Pretoria, Department of Economics.
    3. Niquidet, Kurt & O'Kelly, Glen, 2010. "Forest-mill integration: A transaction cost perspective," Forest Policy and Economics, Elsevier, vol. 12(3), pages 207-212, March.
    4. González-Díaz, Manuel & Montoro-Sánchez, Ángeles, 2011. "Some lessons from incentive theory: Promoting quality in bus transport," Transport Policy, Elsevier, vol. 18(2), pages 299-306, March.
    5. Barkema, Alan & Drabenstott, Mark & Cook, M. L., 1993. "The Industrialization of the U.S. Food System," Food and Agricultural Marketing Issues for the 21st Century - FAMC 1993 Conference 265920, Food and Agricultural Marketing Consortium (FAMC).
    6. Ana Lourenço, 2013. "In memoriam of Professor Ronald Coase," Working Papers de Economia (Economics Working Papers) 06, Católica Porto Business School, Universidade Católica Portuguesa.
    7. Ian R. Gordon & Philip McCann, 2000. "Industrial Clusters: Complexes, Agglomeration and/or Social Networks?," Urban Studies, Urban Studies Journal Limited, vol. 37(3), pages 513-532, March.
    8. Jose Luis Retolaza & Maite Ruiz & Leire San‐Jose, 2009. "CSR in business start‐ups: an application method for stakeholder engagement," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(6), pages 324-336, November.
    9. Verreynne, Martie-Louise & Hine, Damian & Coote, Len & Parker, Rachel, 2016. "Building a scale for dynamic learning capabilities: The role of resources, learning, competitive intent and routine patterning," Journal of Business Research, Elsevier, vol. 69(10), pages 4287-4303.
    10. Per Engelseth & Remiguisz Kozlowski & Karolina Kamecka & Lukasz Gawinski & Richard Glavee-Geo, 2021. "Framing Sustainable Healthcare Services," IJERPH, MDPI, vol. 18(12), pages 1-15, June.
    11. Kenneth Fjell & John S. Heywood, 2005. "Can exclusive territories limit strategic location downstream?," Papers in Regional Science, Wiley Blackwell, vol. 84(2), pages 221-237, June.
    12. Perrons, Robert K., 2009. "The open kimono: How Intel balances trust and power to maintain platform leadership," Research Policy, Elsevier, vol. 38(8), pages 1300-1312, October.
    13. Brianna L. Alderman & Roger D. Blair, 2023. "Vertical integration to avoid monopsonistic exploitation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(4), pages 1824-1832, June.
    14. Davide Vannoni, 1994. "Perche' Le Matrici Intersettoriali Per Misurare L'Integrazione Verticale ?," CERIS Working Paper 199403, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    15. Shenja van der GRAAF, 2014. "Smarten Up! Open Data, Toolkits and Participation in the Social City," Communications & Strategies, IDATE, Com&Strat dept., vol. 1(96), pages 35-52, 4th quart.
    16. Loredo, Enrique & Suarez, Eugenia, 2000. "The governance of transactions: Joskow's coal-burning generating plants example revisited," Energy Policy, Elsevier, vol. 28(2), pages 107-114, February.
    17. Ioannis Ioannou & George Serafeim, 2015. "The impact of corporate social responsibility on investment recommendations: Analysts' perceptions and shifting institutional logics," Strategic Management Journal, Wiley Blackwell, vol. 36(7), pages 1053-1081, July.
    18. KEIDA Masayuki & TAKEDA Yosuke, 2017. "Multilevel Analysis of Free Trade Agreements and Foreign Direct Investment in the Asia Pacific Region," Discussion papers 17012, Research Institute of Economy, Trade and Industry (RIETI).
    19. Joel Isabirye, 2021. "The Behavioral Theory of the Firm: Foundations, Tenets and Relevance," Technium Social Sciences Journal, Technium Science, vol. 19(1), pages 324-335, May.
    20. Fronmueller, M. P. & Reed, R., 1996. "The competitive advantage potential of vertical integration," Omega, Elsevier, vol. 24(6), pages 715-726, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jculte:v:24:y:2000:i:1:p:1-26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.