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11 (Re)defining public service media from an economic perspective: Damned if they do, damned if they don’t

  • Karen Donders , Tim Raats and Stephanie Tintel
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Abstract

Public broadcasters have held an important position in European media markets ever since their creation in the 1920s and 1930s. While their economic impact on media markets was perceived as market distortive and negative in the 1980s and 1990s, the position of policy-makers on this has gradually changed in an era of platform domination. Nowadays, policy-makers also emphasize the potential of public broadcasters’s investments in audiovisual production and innovation. The aim of this chapter is to discuss the role of public broadcasters in media markets, devoting attention to issues of market distortion and European State aid control, public broadcasters’ contributions to domestic audiovisual production, and their investments in innovation. We argue that public broadcasters can indeed contribute to the sustainable development of media markets, but that such an objective should be subordinate to their societal role.

Abstract

Public broadcasters have held an important position in European media markets ever since their creation in the 1920s and 1930s. While their economic impact on media markets was perceived as market distortive and negative in the 1980s and 1990s, the position of policy-makers on this has gradually changed in an era of platform domination. Nowadays, policy-makers also emphasize the potential of public broadcasters’s investments in audiovisual production and innovation. The aim of this chapter is to discuss the role of public broadcasters in media markets, devoting attention to issues of market distortion and European State aid control, public broadcasters’ contributions to domestic audiovisual production, and their investments in innovation. We argue that public broadcasters can indeed contribute to the sustainable development of media markets, but that such an objective should be subordinate to their societal role.

Chapters in this book

  1. Frontmatter I
  2. Preface to Handbooks of Communication Science series V
  3. Contents IX
  4. 1 Management and economics of media and communication – History and definition of the field 1
  5. Section I – Theories
  6. 2 Industrial organization of media markets and competition policy 21
  7. 3 Approaches from strategic management: Resource-based view, knowledge-based view, and dynamic capability view 47
  8. 4 (New) Institutional media economics 69
  9. 5 Political economy 87
  10. Section II – Methods
  11. 6 Quantitative methods 109
  12. 7 Qualitative methods in media management research 129
  13. Section III – Key issues
  14. 8 Convergence 151
  15. 9 Content platforms 169
  16. 10 Media concentration 187
  17. 11 (Re)defining public service media from an economic perspective: Damned if they do, damned if they don’t 203
  18. 12 Innovation & creativity: Media as business and commons 223
  19. 13 Labour and risk in the media industries: Individual and organisational perspectives 241
  20. 14 Media and the economic cycle 261
  21. 15 Designing marketing models for media products 281
  22. 16 Branding: Media brands and brands as media 311
  23. 17 Transnational media and their management 333
  24. Section IV – Regional perspectives and peculiarities
  25. 18 North America 355
  26. 19 Latin America 365
  27. 20 Media management and economics research in Northern Europe 375
  28. 21 Southern Europe 393
  29. 22 Central and Eastern Europe 405
  30. 23 East Asia 417
  31. 24 Media management and economics research in China 427
  32. 25 Media economics in India: Traversing the Rubicon? 441
  33. 26 Australia and New Zealand 457
  34. 27 Media management scholarship and research: Emergence and trends of the discipline in Africa 469
  35. Section V – Future
  36. 28 New media and the need for new analytical frameworks: Dual challenges to media economics and policy analysis 485
  37. Contributors 497
  38. Index 505
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