Abstract
The recession of the late 1980s created an opportunity to review managerial behavior in the newspaper industry and to compare forms of ownership — chain and independent - on their responses to hard times. Of particular interest are costs and benefits to readers. The benefits, derived from the notion of “financial commitment,” include news-editorial pages and budgets. Costs are revenues from readers. Inland Press Association data for twenty-nine dailies, from 1985 through 1992, are employed. The results show mixed effects due to chain ownership and a consistent shift of revenue burdens to readers.
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