This unique history of telegraphic news gathering and news flow evaluates the effect of the innovative technology on the evolution of the concept of news and journalistic practices. It also addresses problems of technological innovation and diffusion. Menahem Blondheim's main concern, however, is the development of oligopoly in business and the control revolution in American society. He traces the discovery of timely news as a commodity, presenting a lively and detailed account of the emergence of the New York Associated Press (AP) as the first private sector national monopoly in the United States and Western Union as the first industrial one.For a summary see C. E. Ferguson, Microeconomic Theory (Tel Aviv: Schocken Publishing House, 1975), pp. 224-265 (in Hebrew). 20. Thompson, Wiring a Continent, pp. 240-255. 21. Oa#39;Rielly, aquot;Associated Press, aquot; p. 246. 22. New York andanbsp;...
|Title||:||News Over the Wires|
|Publisher||:||Harvard University Press - 1994|