TY - JOUR AU - Djankov,Simeon AU - McLiesh,Caralee AU - Nenova,Tatiana AU - Shleifer,Andrei TI - Who Owns the Media? JF - National Bureau of Economic Research Working Paper Series VL - No. 8288 PY - 2001 Y2 - May 2001 UR - http://www.nber.org/papers/w8288 L1 - http://www.nber.org/papers/w8288.pdf N1 - Author contact info: Simeon Djankov min E-Mail: sdjankov@minfin.bg Caralee McLiesh The World Bank 1818 H Street Washington, DC 20433 E-Mail: cmcliesh@worldbank.org Tatiana Nenova E-Mail: tnenova@worldbank.org Andrei Shleifer Department of Economics Harvard University Littauer Center M-9 Cambridge, MA 02138 Tel: 617/495-5046 Fax: 617/496-1708 E-Mail: ashleifer@harvard.edu AB - We examine the patterns of media ownership in 97 countries around the world. We find that almost universally the largest media firms are owned by the government or by private families. Government ownership is more pervasive in broadcasting than in the printed media. Government ownership of the media is generally associated with less press freedom, fewer political and economic rights, and, most conspicuously, inferior social outcomes in the areas of education and health. It does not appear that adverse consequences of government ownership of the media are restricted solely to the instances of government monopoly. ER -