The Television Industry as a Market of Attention

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Nordic Council of Ministers, Nordicom

Abstract

In this article, I present an economist’s perspective on the TV industry and view it as a so-called two-sided market, with advertisers on the one side benefiting from the presence of TV viewers and TV viewers on the other side having a dislike for advertising on TV. I use this framework to discuss the likely future development of pay TV, in particular how a future increase in competition in the TV industry will affect the prevalence of pay TV over advertising-financed TV.

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TV industry, media financing, TV advertising, pay TV, DTTV, public broadcasting

Citation

Nordicom Review 31 (2010) 1, pp. 115-123

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