- "Of particular concern to media economics are the economic policies and practices of media companies and disciplines including journalism and the news industry, film production, entertainment programs, print, broadcast, mobile communications, Internet, advertising and public relations."
This subfield focuses on the economics of media labor, including issues related to wages, job mobility, and working conditions.
Labor Markets: This topic covers the basic structure of labor markets, including supply and demand factors that affect wages and employment levels.
Human Capital Theory: This theory explains how individuals' skills, knowledge, and abilities affect their wages and employability over a period.
Wage Determination: Discusses how wages are determined, including wage structures, wage differentials, minimum wages, and pay equity.
Gender and Racial Pay Gaps: Discusses the disparities in pay and employment opportunities faced by women and minorities.
Labor Unions and Collective Bargaining: Covers the role of labor unions in negotiating contracts and improving working conditions for employees.
Automation and the Future of Work: Analyzing how technological advancements could impact the media industry, which jobs may be automated, and the impact on labor market outcomes.
Labor Market Discrimination: Examines various forms of discrimination in hiring, promotion, and pay.
Contract work and Gig Economy: Analyzes the impact of non-traditional jobs in the media sector, including freelance and contract work, and gig economy on workers and the economy.
Compensation Models: Discusses different models for compensation in the media industry, including payment by advertisement revenue share or other methods.
Minimum Wage and Collective Agreement: Describes the impact of minimum wage laws on the media sector, including the role of collective agreements in tailoring these rules.
Economic Implications of Mergers and Acquisitions: Examines the impact of media mergers on competition and the labor market.
Globalization and Offshoring: Analyzes the impact of globalization and offshoring trends in the media industry.
Labor Mobility: Discusses the extent to which individuals can move easily between industries or geographic locations to find work.
Outsourcing: Investigates the extent to which media companies outsource jobs to offshore locations, such as India or the Philippines.
Industry Analysis: Analyzes the overall structure of the media industry, including its sub-sectors, major players, and economic trends.
Journalism Economics: This type of media economics analyses the economic conditions of the journalism industry, including the salaries and job opportunities available to journalists.
Advertising Economics: This type of media economics studies the economics of advertising in various media platforms. It models the behavior of advertisers and the effectiveness of their campaigns.
Broadcasting Economics: This type of media economics analyses the economics of broadcasting, including the production and distribution of radio and television programs.
Entertainment Economics: This type of media economics analyses the economics of the entertainment industry, including the movie, music, and gaming industries.
New Media Economics: This type of media economics studies the economic impact of new media technologies, including social media, online video streaming, and podcasting.
Media Ownership Economics: This type of media economics analyses the ownership structures of media enterprises, including their impact on media diversity and competition.
Media Regulation Economics: This type of media economics studies the impact of government policies and regulations on the media industry.
Media Labor Market Economics: This type of media economics focuses on the labor market for media workers, including their wages, job security, and working conditions.
- "Deregulation of media, media ownership and concentration, market share, intellectual property rights, competitive economic strategies, company economics, 'media tax' and other issues are considered parts of the field."
- "Regular study of media economic issues began in the 1970s but flourished in the 1980s with the addition of classes on the subject at U.S. and European universities."
- "The Journal of Media Economics began publishing in 1988, edited by Robert G. Picard, one of the founding fathers of the discipline."
- "Since that time the field of inquiry has flourished and there are now hundreds of universities offering courses and programs in media economics."
- "Other significant figures in the field have included Steven S. Wildman, Alan Albarran, Bruce M. Owen, Ben Compaine, Ghislain Deslandes, Stuart McFadyen, Gillian Doyle, Karl Erik Gustafsson, Lucy Küng, Gregory Ferrell Lowe, Nadine Toussaint Desmoulins, Achour Fenni, Amanda D. Lotz, and Stephen Lacy."
- "In some universities it is located in schools of business or economics, whereas in others it is located in communication, media or journalism schools (or departments)."
- "The term 'cultural economics' is sometimes used as a synonym for media economics but they are not substitutable."
- "Cultural economics includes a wide variety of activities that do not necessarily involve mediated dissemination such as museums, symphonies, operas, and festivals."
- "At times these may cross over into media economic issues, such as when audio or video recordings are made of performances or museum holdings are put on CDs."
- "Of particular concern to media economics are the economic policies and practices of media companies."
- "Media economics has social, cultural, and economic implications."
- "Deregulation of media, media ownership and concentration, market share [...] are considered parts of the field."
- "The Journal of Media Economics began publishing in 1988."
- "The Journal of Media Economics began publishing in 1988, edited by Robert G. Picard."
- "Intellectual property rights, competitive economic strategies, company economics, 'media tax' and other issues are considered parts of the field."
- "The field of inquiry has flourished and there are now hundreds of universities offering courses and programs in media economics."
- "Other significant figures in the field have included Steven S. Wildman, Alan Albarran, Bruce M. Owen, Ben Compaine, Ghislain Deslandes, Stuart McFadyen, Gillian Doyle, Karl Erik Gustafsson, Lucy Küng, Gregory Ferrell Lowe, Nadine Toussaint Desmoulins, Achour Fenni, Amanda D. Lotz, and Stephen Lacy."
- "In some universities it is located in schools of business or economics, whereas in others it is located in communication, media or journalism schools (or departments)."
- "Cultural economics includes a wide variety of activities that do not necessarily involve mediated dissemination such as museums, symphonies, operas, and festivals." Please note that the provided answers are based on the information given in the paragraph and do not necessarily represent comprehensive responses.