Media ownership and ideological slant: Evidence from Australian newspaper mergers.

This study examines how media acquisitions by corporate conglomerates influence the political slant of Australian newspapers. Using a comprehensive measure based on the language of over 30 million news articles from more than 200 newspapers, we analyze the impact of three major acquisitions between...

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Main Authors: Maxim Ananyev, Ekaterina Volkova
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2024-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0315137
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author Maxim Ananyev
Ekaterina Volkova
author_facet Maxim Ananyev
Ekaterina Volkova
author_sort Maxim Ananyev
collection DOAJ
description This study examines how media acquisitions by corporate conglomerates influence the political slant of Australian newspapers. Using a comprehensive measure based on the language of over 30 million news articles from more than 200 newspapers, we analyze the impact of three major acquisitions between 2016 and 2019. Employing a synthetic difference-in-differences approach, we find that acquisitions can significantly shift newspapers' political slant, with effects varying by acquiring entity. News Corp's 2016 acquisition led to a marked conservative shift in newspapers it already owned, while subsequent acquisitions by Nine Entertainment and the acquisition of Australian Community Media by Antony Catalano and Alex Waislitz resulted in shifts away from conservative slant in acquired newspapers. Our results provide evidence for the importance of supply-side factors in determining media slant, particularly in an era of increasing media ownership concentration.
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publisher Public Library of Science (PLoS)
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series PLoS ONE
spelling doaj-art-c1311c6c65b642408cb1840ed72fe39e2025-01-08T05:32:16ZengPublic Library of Science (PLoS)PLoS ONE1932-62032024-01-011912e031513710.1371/journal.pone.0315137Media ownership and ideological slant: Evidence from Australian newspaper mergers.Maxim AnanyevEkaterina VolkovaThis study examines how media acquisitions by corporate conglomerates influence the political slant of Australian newspapers. Using a comprehensive measure based on the language of over 30 million news articles from more than 200 newspapers, we analyze the impact of three major acquisitions between 2016 and 2019. Employing a synthetic difference-in-differences approach, we find that acquisitions can significantly shift newspapers' political slant, with effects varying by acquiring entity. News Corp's 2016 acquisition led to a marked conservative shift in newspapers it already owned, while subsequent acquisitions by Nine Entertainment and the acquisition of Australian Community Media by Antony Catalano and Alex Waislitz resulted in shifts away from conservative slant in acquired newspapers. Our results provide evidence for the importance of supply-side factors in determining media slant, particularly in an era of increasing media ownership concentration.https://doi.org/10.1371/journal.pone.0315137
spellingShingle Maxim Ananyev
Ekaterina Volkova
Media ownership and ideological slant: Evidence from Australian newspaper mergers.
PLoS ONE
title Media ownership and ideological slant: Evidence from Australian newspaper mergers.
title_full Media ownership and ideological slant: Evidence from Australian newspaper mergers.
title_fullStr Media ownership and ideological slant: Evidence from Australian newspaper mergers.
title_full_unstemmed Media ownership and ideological slant: Evidence from Australian newspaper mergers.
title_short Media ownership and ideological slant: Evidence from Australian newspaper mergers.
title_sort media ownership and ideological slant evidence from australian newspaper mergers
url https://doi.org/10.1371/journal.pone.0315137
work_keys_str_mv AT maximananyev mediaownershipandideologicalslantevidencefromaustraliannewspapermergers
AT ekaterinavolkova mediaownershipandideologicalslantevidencefromaustraliannewspapermergers