News as a Public Good
Cooperative Ownership, Price Commitments, and the Success of the Associated Press
Bibliographic Data
| ID | 9621952 |
|---|---|
| Authors | Stephen Shmanske (California State University System, corresponding author) |
| Year | 1986 |
| Volume | 60 |
| Issue | 1 |
| Pages | 55-80 |
| Publication date | 1986-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Business History Review (JOURNAL) |
| Journal identifiers | ISSN: 0007-6805 • E-ISSN: 2044-768X |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/3115923 |
| OpenAlex | W2118243973 |
| Language | EN |
| Citations received | 3 |
| References cited | 12 |
In this article Professor Shmanske examines the history of the wire service industry with special attention to two economic peculiarities: the “public good” nature of news dissemination and the different ownership structures of the competing firms. By focusing on the interplay of the nonprofit, cooperative organizational structure of the Associated Press and the public good characteristics of news, the author provides a new and economically sound explanation for the AP's relative success. In addition, he demonstrates that many unusual institutions in the news-providing industry, particularly pricing structures, can be understood by analyzing the economic and marketing problems associated with private-sector production of a public good
Advertising · Business · Economic growth · Economics · Management · Market economy · Microeconomics · Organizational structure · Political science · Press release · Private sector · Production (economics · Public ownership · Public relations · Public service · Service (business · Corporate Taxation and Avoidance · Marketing · Merger and Competition Analysis · Political Influence and Corporate Strategies
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,5 |
| Citation span | 2020 - 2023 (4) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |