Programming in a competitive broadcasting market: entry, welfare and regulation

Article Abstract:

Two regulatory approaches were considered and assessed in terms of promoting programming diversity in television broadcasting industry. One regulatory approach is through direct instruction in which a regulator directs a television entity regarding materials to be aired by individual companies. Despite the fact the such regulation will lead to diversity in programming content and deter monopoly-related abuse, direct instruction regulation has the probability to result in unwarranted censorship.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Broadcasting-Programming, Economic aspects, Television broadcasting industry, Television programs, Broadcasting, Television broadcasting policy

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Quality considerations in auctions for television franchises

Article Abstract:

A model patterned after the United Kingdom third TV Channel of a representative auction for television broadcasting was formulated to illustrate quality considerations involving television franchise auctions. The model showed that program broadcast quality and franchise are influenced by the asymmetry of information between companies and the authority. It was also revealed that by raising the number of bidders, the awarding of franchise bid is most likely be given to the highest bidder.

Commercial TV Stations, Models, Management, Auctions, Franchises, Commercial television stations

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Shifts in broadcast policy and the value of television licenses

Article Abstract:

An analysis of the impact of FCC regulations on cable television, broadcasting ownership rules and other television reforms is presented. The analysis focuses on television station market prices which cover the period from 1969-1987. It is shown that scarcity rents were accrued by television stations in a period of intense cable regulation. In addition, minimal ownership restrictions favored the industry and increased license value.

Regulation, admin. of utilities, Analysis, Laws, regulations and rules, United States. Federal Communications Commission, Licensing agreements, Broadcasting policy, Television

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