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"News content"
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IDEOLOGICAL SEGREGATION ONLINE AND OFFLINE
2011
We use individual and aggregate data to ask how the Internet is changing the ideological segregation of the American electorate. Focusing on online news consumption, offline news consumption, and face-to-face social interactions, we define ideological segregation in each domain using standard indices from the literature on racial segregation. We find that ideological segregation of online news consumption is low in absolute terms, higher than the segregation of most offline news consumption, and significantly lower than the segregation of face-to-face interactions with neighbors, co-workers, or family members. We find no evidence that the Internet is becoming more segregated over time.
Journal Article
Who Writes the News? Corporate Press Releases during Merger Negotiations
2014
Firms have an incentive to manage media coverage to influence their stock prices during important corporate events. Using comprehensive data on media coverage and merger negotiations, we find that bidders in stock mergers originate substantially more news stories after the start of merger negotiations, but before the public announcement. This strategy generates a short-lived run-up in bidders' stock prices during the period when the stock exchange ratio is determined, which substantially impacts the takeover price. Our results demonstrate that the timing and content of financial media coverage may be biased by firms seeking to manipulate their stock price.
Journal Article
The Media and the Diffusion of Information in Financial Markets: Evidence from Newspaper Strikes
2014
The media are increasingly recognized as key players in financial markets. I investigate their causal impact on trading and price formation by examining national newspaper strikes in several countries. Trading volume falls 12% on strike days. The dispersion of stock returns and their intraday volatility are reduced by 7%, while aggregate returns are unaffected. Moreover, analysis of return predictability indicates that newspapers propagate news from the previous day. These findings demonstrate that the media contribute to the efficiency of the stock market by improving the dissemination of information among investors and its incorporation into stock prices.
Journal Article
New media landscapes and the science information consumer
2013
Individuals are increasingly turning to online environments to find information about science and to follow scientific developments. It is therefore crucial for scientists and scientific institutions to consider empirical findings from research in online science communication when thinking about science in the public sphere. After providing a snapshot of the current media landscape, this paper reviews recent major research findings related to science communication in the online environment and their implications for science in the 21st century. Particular emphasis is given to the bias introduced by search engines, the nature of scientific content encountered online, and the potential impact of the Internet on audiences’ knowledge and attitudes toward science.
Journal Article
Science, New Media, and the Public
2013
A better understanding is needed about how the online environment affects the communication of science information to the public. Nine in 10 internet users in the United States turn to search engines to find information ( 1 ), and 60% of the U.S. public seeking information about specific scientific issues lists the Internet as their primary source of information ( 2 ). This has created a new urgency for scientists to pay attention to these trends and to the emerging scholarly literature about communicating science in this brave new “online” world.
Journal Article
A Paper Ceiling: Explaining the Persistent Underrepresentation of Women in Printed News
by
Shor, Eran
,
Skiena, Steven
,
Kulkarni, Vivek
in
Bias
,
Conservatism
,
Disproportionate Representation
2015
In the early twenty-first century, women continue to receive substantially less media coverage than men, despite women's much increased participation in public life. Media scholars argue that actors in news organizations skew news coverage in favor of men and male-related topics. However, no previous study has systematically examined whether such media bias exists beyond gender ratio imbalances in coverage that merely mirror societal-level structural and occupational gender inequalities. Using novel longitudinal data, we empirically isolate medialevel factors and examine their effects on women's coverage rates in hundreds of newspapers. We find that societal-level inequalities are the dominant determinants of continued gender differences in coverage. The media focuses nearly exclusively on the highest strata of occupational and social hierarchies, in which women's representation has remained poor. We also find that women receive greater exposure in newspaper sections led by female editors, as well as in newspapers whose editorial boards have higher female representation. However, these differences appear to be mostly correlational, as women's coverage rates do not noticeably improve when male editors are replaced by female editors in a given newspaper.
Journal Article
As Local News Goes, So Goes Citizen Engagement: Media, Knowledge, and Participation in US House Elections
2015
We propose a two-stage process to explain the relationship between the local news environment and citizen engagement. Our original content analysis of newspaper coverage in every US House district during the 2010 midterms reveals that districts with uncompetitive races and those served by large-circulation outlets see significantly less, and less substantive, coverage than hotly contested districts and those served by smaller outlets. We then merge the news data with survey data from the 2010 CCES and find that a diminished news environment depresses engagement. Citizens exposed to a lower volume of coverage are less able to evaluate their member of Congress, less likely to express opinions about the House candidates in their districts, and less likely to vote. This is true for people regardless of levels of political awareness, indicating that the deleterious consequences of a decline in local coverage are widespread, not restricted to the least attentive citizens.
Journal Article
Selective Publicity and Stock Prices
2012
I examine how media coverage of good and bad corporate news affects stock prices, by studying the effect of investor relations (IR) firms. I find that IR firms \"spin\" their clients' news, generating more media coverage of positive press releases than negative press releases. This spin increases announcement returns. Around earnings announcements, however, IR firms cannot spin the news and their clients' returns are significantly lower. This pattern is consistent with positive media coverage increasing investor expectations, creating disappointment around hard information. Using reporter connections and geographical links, I argue that IR firms causally affect both media coverage and returns.
Journal Article