Nieman Foundation at Harvard
HOME
          
LATEST STORY
Newsonomics: This is how the 5 biggest newspaper chains could become 2 — and it all comes down to one day, June 30, 2020
ABOUT                    SUBSCRIBE
Sept. 20, 2013, 1:47 p.m.

It’s a new report from the essential Reuters Institute at Oxford, which leads the way in cross-national media studies today. PDF here. The big question is what’s the role of public television — PBS, BBC, CBC, NHK, and so on — in a world where media options are more numerous than ever? One noteworthy, if short, chapter is Joshua Gans’ “Television Wants to be Shared”:

My recent book Information Wants to be Shared (2012) puts forward the hypothesis that allowing consumers to share information easily can be an important feature of business models for content provision. The reasons are twofold. First, information, as an economic good, has a non-rival characteristic, meaning that the costs of producing information are independent of, and often much greater than, the costs of distributing it. This is certainly true of broadcasting where the size of the audience does not impact on the cost of providing programming. From an economic perspective, what this implies is that it is efficient for information, once produced, to be widely disseminated and that we should look for ways for all users to contribute towards the cost of producing that information. That widespread dissemination and voluntary choice to contribute to information funding can conflict is a challenge that does not diminish the aim here.

Show tags Show comments / Leave a comment
 
Join the 50,000 who get the freshest future-of-journalism news in our daily email.
Newsonomics: This is how the 5 biggest newspaper chains could become 2 — and it all comes down to one day, June 30, 2020
Worse, the two left standing could be run by hedge fund guys with little interest in more than the bottom line.
In 2020, podcasts will be able to win Pulitzers (oh, and radio too)
No word yet on whether the ceremony will be sponsored by MeUndies, ZipRecruiter, or Squarespace.
News outlets are getting (somewhat) better at handling Trump’s false statements, a study shows
Plus: How Facebook’s changed (or not) since 2016, fact-checking outside newsrooms, and misinformation is polio’s best friend.