Book Details

In a world where the media often struggles to deliver the truth, The Economics of News Media examines the economic underpinnings that shape news media. This comprehensive introduction to the field of news media economics provides a fresh perspective, bridging the gap between economics, media studies, and journalism. Each chapter delves into critical topics, from the structure of news markets to the implications of media bias, competition, and evolving news landscapes in the digital age. By offering empirical studies and theoretical insights, this work not only addresses the needs of researchers and students, but also provides practical tools for professionals grappling with the economic dynamics of news media. The Economics of News Media is an essential resource for anyone hoping to understand the economic complexities underpinning the news landscape. With clear explanations and rich, global examples, it offers practical knowledge and approaches to navigate the multifaceted issues of misinformation, media power, and democratic accountability in today’s media environment.

Key Features

• Offers a groundbreaking perspective on the economics of news media, analyzing the interplay between economic forces and journalistic practices to uncover the truth behind media shortcomings
• Introduces critical concepts in the field, contrasting idealistic views of journalism with economic realities, and explores the structure and evolution of the news market and its impact on democratic processes
• Serves as an essential reference for students and researchers, and engages learners with a range of practical examples
• Addresses a significant gap in the literature by synthesizing economic theories and empirical studies