This special issue of the "Journal of Media Economics" deals with
diversity and diversification. Diversity, especially in broadcast
programming, has played a major role in policy discussions on both
sides of the Atlantic. The reason for the importance of the
construct, however, is not often made explicit. Diversity in media
content is important because the greater the variety or breadth of
media content the greater the probability that media consumers can
obtain utility or gratification from that content. Conversely, low
diversity in media content means that consumers encounter fewer
opportunities to obtain utility or gratification. Hence, consumer
welfare is served by greater rather than lesser diversity.
The articles in this issue are suitably diverse in the media
industries on which they focus and in the countries represented by
their authors. Van Kranenburg, Hagedoorn and Pennings take the
publishing industry as their subject while Moreau and Peltier have
researched the film industry. Einstein and McDonald and Lin report
findings on diversity in the US television industry, albeit in
different time periods.
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