New working paper with @joshmccrain.bsky.social, Arianna Ornaghi, and Nic Mastrorocco. We look at ownership consolidation in TV news and its effects on local coverage, news viewership, and political knowledge. Draft is here:
papers.ssrn.com/sol3/papers....
Recent decades have seen major changes to the local media environment in the United States, with the absorption of many formerly independent local TV stations i