The Internet and Changes in the Media Industry: A 5-Year Cross-National Examination of Media Industries for 51 Countries. (September 2019)

• Record Type: Journal Article
• Authors: Ji, Sung Wook
• Is Part Of: Journalism & mass communication quarterly. Volume 96:Number 3(2019:Sep.)
• Page Start: 894
• Page End: 918
• Publication Date: 2019-09
• Subjects: displacement effects of the internet -- size and growth of media industry -- advertising vs. direct payment proportion; Journalism -- Periodicals; Mass media -- Periodicals; Communication -- Periodicals; Journalism -- United States -- Periodicals; Journalism -- Bibliography -- Periodicals; 070
• DOI: 10.1177/1077699018807914
• Languages: English
• ISSNs: 1077-6990

Abstract

This study explores the effects of the Internet on changes in traditional media industries. Previous studies addressing the Internet's effects on media industries have largely been conducted in a piecemeal fashion, with most tackling narrowly defined topics limited to individual media in specific countries. By taking a broader perspective on the Internet's effects, this study examines changes in the aggregate revenue of all major media industries. Employing country-level, panel-data analysis of 51 countries from 2009 to 2013, the study shows that the Internet has led to a shift in the balance of revenue away from advertising and toward direct payments.