Strategic and Organisational fit in Corporate News Markets: A Principal-agent Approach to Studying Newspaper Mergers Journal Article Helle Sjøvaag; Thomas Owren; Turid Borgen In: Journalism Practice, pp. 1-18, 2020, (Pre SFI). @article{Sjøvaag2020,
title = {Strategic and Organisational fit in Corporate News Markets: A Principal-agent Approach to Studying Newspaper Mergers},
author = {Helle Sjøvaag and Thomas Owren and Turid Borgen},
url = {https://www.tandfonline.com/doi/epub/10.1080/17512786.2020.1772097?needAccess=true},
doi = {https://doi.org/10.1080/17512786.2020.1772097},
year = {2020},
date = {2020-05-20},
journal = {Journalism Practice},
pages = {1-18},
abstract = {This article analyses strategic and organisational fit in corporate newspaper mergers in the context of the digitalisation of local newspaper markets. Using the 2019 acquisition of Nordsjø Media by Amedia in Norway as case, we analyse how eight editors-in-chief perceive the process of incorporating small, low-frequency, print-oriented monopolistic newspapers into one of Scandinavia’s largest newspaper chains. The semi-structured interviews were analysed in light of perceived strategic and organisational fit in a principal-agent theoretical framework, the aim of which is to shed light on corporate ownership effects in consolidated newspaper markets. The analysis reveals the precarity of independent ownership in digitising news markets, to which corporatisation emerges as a necessary and welcomed solution. We find the strategic fit as perceived by editors to be tied to technological resources and scale economics, while organisational fit is hampered by the speed and pressure of corporatisation processes. While these results largely support findings from previous acquisition studies in the news industries, the contribution of this analysis lies primarily with the necessity of scale required by the technological transformation that forces independent newspapers to submit to larger chain operations and how it influences considerations of fit in disruptive digital news markets.},
note = {Pre SFI},
keywords = {Agency Theory, Editor in chief, Local journalism, Media ownership, Mergers and acqusitions, News markets, News organisations, Newspaper chains, WP2: User Modeling Personalization and Engagement},
pubstate = {published},
tppubtype = {article}
}
This article analyses strategic and organisational fit in corporate newspaper mergers in the context of the digitalisation of local newspaper markets. Using the 2019 acquisition of Nordsjø Media by Amedia in Norway as case, we analyse how eight editors-in-chief perceive the process of incorporating small, low-frequency, print-oriented monopolistic newspapers into one of Scandinavia’s largest newspaper chains. The semi-structured interviews were analysed in light of perceived strategic and organisational fit in a principal-agent theoretical framework, the aim of which is to shed light on corporate ownership effects in consolidated newspaper markets. The analysis reveals the precarity of independent ownership in digitising news markets, to which corporatisation emerges as a necessary and welcomed solution. We find the strategic fit as perceived by editors to be tied to technological resources and scale economics, while organisational fit is hampered by the speed and pressure of corporatisation processes. While these results largely support findings from previous acquisition studies in the news industries, the contribution of this analysis lies primarily with the necessity of scale required by the technological transformation that forces independent newspapers to submit to larger chain operations and how it influences considerations of fit in disruptive digital news markets. |
The hyperlinked Scandinavian news ecology: The unequal terms forged by the structural properties of digitalisation Journal Article Helle Sjøvaag; Eirik Stavelin; Michael Karlsson; Aske Kammer In: Digital Journalism, vol. 7, no. 4, pp. 507-531, 2018, (Pre SFI). @article{Sjøvaag2018,
title = {The hyperlinked Scandinavian news ecology: The unequal terms forged by the structural properties of digitalisation},
author = {Helle Sjøvaag and Eirik Stavelin and Michael Karlsson and Aske Kammer},
url = {https://www.tandfonline.com/doi/epub/10.1080/21670811.2018.1454335?needAccess=true},
doi = {https://doi.org/10.1080/21670811.2018.1454335},
year = {2018},
date = {2018-04-06},
journal = {Digital Journalism},
volume = {7},
number = {4},
pages = {507-531},
abstract = {The article presents a network analysis of 22,861,013 geocoded external hyperlinks, collected from 230 Danish, 220 Norwegian and 208 Swedish news websites in 2016. The analysis asks what the structural properties of the Scandinavian media systems—including its geography and ownership structures—mean for news outlets’ centrality within the hyperlinked news ecology. The analysis finds that whereas incumbent legacy media occupy central positions, about one third of the network is absent from the hyperlinked interaction, primarily local, independently owned newspapers. A multiple linear regression analysis shows that national distribution and corporate ownership correlates to network centrality more than other predictors. As brokers in the network consist of the large, legacy, capital-based news organisations, hyperlink connectivity is primarily characterised by proximity to the centres of power, corporate ownership, agenda setting incumbency and national distribution.},
note = {Pre SFI},
keywords = {Digital News Ecology, Hyperlinks, Media ownership, Network analysis, News geographies, WP2: User Modeling Personalization and Engagement},
pubstate = {published},
tppubtype = {article}
}
The article presents a network analysis of 22,861,013 geocoded external hyperlinks, collected from 230 Danish, 220 Norwegian and 208 Swedish news websites in 2016. The analysis asks what the structural properties of the Scandinavian media systems—including its geography and ownership structures—mean for news outlets’ centrality within the hyperlinked news ecology. The analysis finds that whereas incumbent legacy media occupy central positions, about one third of the network is absent from the hyperlinked interaction, primarily local, independently owned newspapers. A multiple linear regression analysis shows that national distribution and corporate ownership correlates to network centrality more than other predictors. As brokers in the network consist of the large, legacy, capital-based news organisations, hyperlink connectivity is primarily characterised by proximity to the centres of power, corporate ownership, agenda setting incumbency and national distribution. |