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Who Owns the World's Media? Media Concentration and Ownership around the World

Online ISBN:
9780190210182
Print ISBN:
9780199987238
Publisher:
Oxford University Press
Book

Who Owns the World's Media? Media Concentration and Ownership around the World

Eli M. Noam,
Eli M. Noam

Professor of Economics and Finance

Professor of Economics and Finance, Columbia Business School
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The International Media Concentration Collaboration
The International Media Concentration Collaboration
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Published online:
21 January 2016
Published in print:
1 January 2016
Online ISBN:
9780190210182
Print ISBN:
9780199987238
Publisher:
Oxford University Press

Abstract

Media concentration has been an issue around the world. To some observers the power of large corporations has never been higher. To others, the Internet has brought openness and diversity. What perspective is correct? The answer has significant implications for politics, business, culture, regulation, and innovation. It addresses a highly contentious subject of public debate in many countries around the world. In this discussion, one side fears the emergence of media empires that can sway public opinion and endanger democracy. The other side believes the Internet has opened media to unprecedented diversity and worries about excessive regulation by government. Strong opinions and policy advocates abound on each side, yet a lack of quantitative research across time, media industries, and countries undermines these positions. This book moves beyond the rhetoric of free media and free markets to provide a dispassionate and data-driven analysis of global media ownership trends and their drivers. The book covers thirteen media industries, including television, newspapers, book publishing, film, search engines, ISPs, wireless telecommunication, and others across a 10- to 25-year period in thirty countries. After examining these countries, this book offers comparisons and analysis across industries, regions, companies, and development levels. It calculates overall national concentration trends beyond specific media industries, the market share of individual companies in the overall national media sector, and the size and trends of transnational companies in overall global media.

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