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Wiley InterScience | ||||||||||||||
  Communication TheoryVolume 5 Issue 4, Pages 301 - 338 Published Online: 17 Mar 2006 © 2010 International Communication Association Published on behalf of the International Communication Association
Abstract | References | Full Text: PDF (Size: 2276K) | Related Articles | Citation Tracking  A Market-Based Model of News Production Author John McManus is professor of communications at St. Mary's College, Moraga, CA 94575. Copyright 1995 International Communication Association ABSTRACTThis article proposes the first model to show how markets—not just for consumers, but also for advertisers, investors and sources—shape commercial news production. By applying to news what we know of how markets work with other commodities, the model clarifies the logic of news selection in an era of increasing economic rationalism in print and broadcast journalism. Most importantly, the article also explores how news fails to meet the minimum conditions economists have established as necessary for markets to benefit society. | 
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