Exclusion, Competition and Change: The Shifting Boundaries of the Television Market
20 Pages Posted: 1 Sep 2008 Last revised: 1 Mar 2015
Date Written: August, 28 2008
Abstract
The aim of this work is to analyse the evolution of pay-TV as an example of the dynamics that characterise the media sector and in which copyright has played a pivotal role. In one simplified representation, we can identify two crucial levels on which the market is shaped: that of content, governed by copyright, and that of distribution. Control over each of these levels offers, in different ways, leverage for orienting the market, and has thus been an object of the strategies of firms. On the whole we can say that the innovation path characterising media markets extends beyond the purely technological sphere to also embrace the market as an "organisational technology" for production and exchange. Hence, the competitive process, so important for defining the market configurations, must be discussed from an intertemporal perspective in which technological choices, the regulatory framework and control of copyrights can be viewed as both exogenous and strategic variables manipulated by firms to obtain profits.
Keywords: television, competition, exclusion
JEL Classification: L82
Suggested Citation: Suggested Citation
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