In this paper, we analyze the equilibrium amount of entertainment in news coverage of newspapers and television … both media outlets to incorporate more entertaining elements in news coverage. The introduction of commercial television …, however, which leads to a unilateral fall in the distance costs to the television broadcast, yields different results. It …

. We study private consumption choices focusing on former East Germany, where differential access to Western television was … significant impact of previous exposure to Western television on aggregate consumption levels. However, exposure to Western …