CMNS 235 Lecture Notes - Lecture 5: Penny Press, Soft Media, Profit Motive
6 Feb 2016
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Document Summary
Journalism and the public interest. The double life of news: origins of the commercial model. News as a public good. News is also a private commodity (commodified twice: 1. product sold to customers; 2. audiences sold to advertisers ) What happens when there are contradictions between them: market/liberal approach to journalism. It positions the market itself as the best and only means that news media. Prohibit the state from regulating the press. Promote private ownership of the news media cultivate market competition to ensure media diversity. The application of economic logic of market competition to. State censorship was a significant risk to press freedom. Capital costs to start/operate newspapers were relatively low (therefore there were many different kinds/perspectives of news paper companies) Local news "markets" were generally write competitive. Emergence of strong, radical, working class press in the 19th century (which have entirely disappeared: origins of the commercial model. During 19th century, the political model is gradually displaced by the.
