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Chapter 5 Subsidies: Fuel for the Media Subsidies : Fuel for the Media

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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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Bibliographic Details
Main Author: Trappel, Josef (auth)
Format: Electronic Book Chapter
Language:English
Published: Intellect 2018
Subjects:
Media studies
TV & society
Business ethics & social responsibility
Media, information & communication industries
new technology
consumption
international communication
european media
editorial independence
media policy tool box
alternative voices diversity
Austria
France
Mass media
Subsidy
Value-added tax
Online Access:OAPEN Library: download the publication
OAPEN Library: description of the publication
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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.
Access:Open Access

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