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Chapter 5 Subsidies: Fuel for the Media

Subsidies are controversial media policy tools as editorial independence might be affected by those granting subsidies to newsrooms, and because they do not comply with neo-liberal market rules. This chapter shows that financial and non-financial media subsidies are widespread in the media sector. T...

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Gardado en:
Autor Principal: Trappel, Josef
Formato: Online
Idioma:inglés
Publicado: Intellect 2021
Subjects:
new technology
consumption
international communication
european media
editorial independence
media policy tool box
alternative voices diversity
Austria
France
Mass media
Subsidy
Value-added tax
thema EDItEUR::J Society and Social Sciences::JB Society and culture: general::JBC Cultural and media studies::JBCT Media studies
thema EDItEUR::J Society and Social Sciences::JB Society and culture: general::JBC Cultural and media studies::JBCT Media studies::JBCT2 Media studies: TV and society
thema EDItEUR::K Economics, Finance, Business and Management::KJ Business and Management::KJG Business ethics and social responsibility
thema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNT Media, entertainment, information and communication industries
Acceso en liña:645610
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Summary:Subsidies are controversial media policy tools as editorial independence might be affected by those granting subsidies to newsrooms, and because they do not comply with neo-liberal market rules. This chapter shows that financial and non-financial media subsidies are widespread in the media sector. They can help overcoming temporary crises of media companies, but they are no quick fix for the structural crises news media are undergoing. Most subsidies in European countries are granted for the purpose of maintaining diversity, holding power to account, educating journalists and encouraging alternative voices. With a view to the long tradition and the strengths and weaknesses of media subsidies the author concludes by suggesting accepting media subsidies as one element in the media policy tool box.

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