On picking a number for media concentration

Three principal criticisms can be made of our proposal for a 15% cap. First, this is just an arbitrary figure.

No, actually, it isn\’t. It\’s very carefully chosen.

UK media businesses, including computer games and book publishers as well as TV, radio and press, have revenues of about £32bn a year. The enlarged News Corp would have had about 20% of this total,

It\’s less than News Corp has and more than anyone else has. Thus it achieves the principle aim of shrinking News Corp. It\’s not arbitrary at all.

However, it fails at a deeper level too. You\’re counting only that part of the media that is monetised. And rather missing the developments of the last 10 years which have led to the demonetisation of large parts of said media.

6 comments on “On picking a number for media concentration

  1. Not to mention that any litterature on dominant positions (e.g. in antitrust but also in ex-ante regulation) normally talks about figures in the range of 40-60%.

  2. I saw a figure quoted the other day that in broadcast news the BBC’s market share is 60-80%. Presumably an unintended consequence of any action would be to hamstring the Beeb too, or is it specifically exempt “because of the unique way we’re funded”?

  3. Alex,

    So you reckon they’ve included the games industry which, for all of its problems, can hardly be said to be engaging the spread of dubious politicised news to the credulous populace, just so their “arbitrary” 15% scraped above el-Beeb’s tax and extortion benefits?

  4. You mean the lefties have decided the outcome they want and they constructed a dataset to support it….

    Say it isn’t so????

    cough… global warming.. cough

  5. What % does the bbc have?

    Oh, sorry, I forgot – these limits don’t apply to the government broadcaster, only to those who disagree with the government.

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