Audience Economics: Media Institutions and the Audience Marketplace / Edition 1

Audience Economics: Media Institutions and the Audience Marketplace / Edition 1

by Philip M. Napoli
ISBN-10:
0231126530
ISBN-13:
9780231126533
Pub. Date:
09/25/2003
Publisher:
Columbia University Press
ISBN-10:
0231126530
ISBN-13:
9780231126533
Pub. Date:
09/25/2003
Publisher:
Columbia University Press
Audience Economics: Media Institutions and the Audience Marketplace / Edition 1

Audience Economics: Media Institutions and the Audience Marketplace / Edition 1

by Philip M. Napoli
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Overview

Focusing on the electronic media—television, radio, and the Internet—Audience Economics bridges a substantial gap in the literature by providing an integrated framework for understanding the various businesses involved in generating and selling audiences to advertisers. Philip M. Napoli presents original research in order to answer several key questions:

• How are audiences manufactured, valued, and sold?

• How do advertisers and media firms predict the behavior of audiences?

• How has the process of measuring audiences evolved over time?

• How and why do advertisers assign different values to segments of the media audience?

• How does audience economics shape media content?

Examining the relationship between the four principal actors in the audience marketplace—advertisers, media firms, consumers, and audience measurement firms—Napoli explains the ways in which they interact with and mutually depend on each other. He also analyzes recent developments, such as the introduction of local people meters by Nielsen Media Research and the establishment and evolution of audience measurement systems for the Internet. A valuable resource for academics, students, policymakers, and media professionals, Audience Economics keeps pace with the rapid changes in media and audience-measurement technologies in order to provide a thorough understanding of the unique dynamics of the audience marketplace today.

Product Details

ISBN-13: 9780231126533
Publisher: Columbia University Press
Publication date: 09/25/2003
Edition description: New Edition
Pages: 256
Product dimensions: 6.00(w) x 9.00(h) x (d)
Age Range: 18 Years

About the Author

Philip M. Napoli is an assistant professor of communications and media management in the graduate school of business at Fordham University. He is the author of Foundations of Communications Policy: Principles and Process in the Regulation of Electronic Media.

Table of Contents

The Audience Marketplace
The Predicted Audience - Measured Audience Relationship
The Measured Audience - Actual Audience Relationship
Audience Valuation
New Technologies and the Audience Product
The Future of the Audience Marketplace

What People are Saying About This

Oscar H. Gandy

This is precisely the book I have been looking for! Audience Economics provides the kind of comprehensive but accessible coverage of the terrain of audience assessment that students will actually applaud. In addition, Napoli has provided us with a long overdue entry into a critical discussion about the nature and consequences of the shadow prices that are assigned to audience segments defined by age, race and class.

Oscar H. Gandy, Jr.,, Herbert I. Schiller Term Professor, University of Pennsylvania, Annenberg School for Communication

James Webster

Audiences are the life's blood of media industries. Yet very little scholarship integrates the realities of the audience marketplace with economic theory. Napoli combines a masterful synthesis of the literature on audience behavior, measurement, and media economics with original analyses of the market for the 'audience product.' Rich in institutional detail, this volume sheds new light on the operation and likely future of media in the twenty-first century.

James Webster, Northwestern University, Professor of Communication Studies, Senior Associate Dean of the School of Communication, author of The Mass Audience

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