Response to Phillip Leslie ’ s Review
نویسندگان
چکیده
Prof. Leslie asks how the variable for TV-newspaper crossownership applies to non-local newspapers. Owners of TV stations that do not own a local newspaper in the same market are not considered to be cross-owned in this analysis, even if they own a national newspaper or a newspaper local to another market. This definition is based on the legal definition of crossownership adopted by the FCC, and it is consistent with past analyses of TV-newspaper crossownership by other researchers. A broader definition counting ownership of out-of-market newspapers might be interesting to use as an alternative, but it would require additional data on newspaper ownership, which is not readily available. From a theoretical standpoint, it would likely reflect a weaker level of scope economies, since they would not be sharing much local news. This broader definition would also be of less interest from a policy standpoint, since it would not be relevant to the review of media ownership rules currently before the Commission.
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تاریخ انتشار 2007