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Contents: Preface. P.M. Napoli, Introduction: Media Diversity and Localism—Meaning, Metrics, and Policy. Part I: Media Ownership and Media Diversity and Localism. J. Waldfogel, Should We Regulate Media Ownership? R.B. Horwitz, On Media Concentration and the Diversity Question. P. DiCola, Employment and Wage Effects of Radio Consolidation. P.J. Alexander, B.M. Cunningham, Public and Private Decision Making: The Value of Diversity in News. A Halavais, Convergence of Newspaper Election Coverage: 1992-2000. Part II: Conceptual and Methodological Issues in Assessing Media Diversity and Localism. S.G. Verhulst, Mediation, Mediators, and New Intermediaries: Implications for the Design of New Communications Policies. S. Braman, The Limits of Diversity. S.S. Wildman, Indexing Diversity. S.D. McDowell, J. Lee, Tracking "Localism" in Television Broadcasting: Utilizing and Structuring Public Information. M. Cooper, When Law and Social Science Go Hand in Glove: Usage and Importance of Local and National News Sources—Critical Questions and Answers for Media Market Analysis. Part III: Minorities, Media, and Diversity. L.M. Baynes, White Out: The Absence and Stereotyping of People of Color by the Broadcast Networks in Prime Time Entertainment Programming. C.M. Bachen, A.S. Hammond, IV, C.J.K. Sandoval, Serving the Public Interest: Broadcast News, Public Affairs Programming, and the Case for Minority Ownership. Part IV: Contexualizing Media Diversity and Localism: Audience Behavior and New Technologies. J.G. Webster, Diversity of Exposure. M. Hindman, A Mile Wide and an Inch Deep: Measuring Media Diversity Online and Offline. E. Hargittai, Content Diversity Online: Myth or Reality? E.P. Goodman, Proactive Media Policy in an Age of Content Abundance.