The media industry is unique in its ability to spread information that may influence the democraticprocess. This influence depends on where and how citizens get their political information. While previous research has examined news production and consumption on specific media platforms—such as...

This paper defines the power of a media organization as its ability to induce voters to make electoral decisions they would not make if reporting were unbiased. It derives a robust upper bound to media power over a range of assumptions about the beliefs and attention patterns of voters. The...

We study the link between political influence and industrial concentration. We present a joint model of political influence and market competition: an oligopoly lobbies the government over regulation, and competes in the product market shaped by this influence. We show broad conditions for...

This chapter studies situations where media sources deliberately deviate from truthful reporting in order to manipulate electoral outcomes. Media capture occurs when the government actively attempts to influence the media industry. We instead speak of media power when news organizations engage...