Manufacturing Consent_ The Political Economy of the Mass Media - Edward S. Herman [31]
Curran and Seaton show that the market did successfully accomplish what state intervention failed to do. Following the repeal of the punitive taxes on newspapers between 1853 and 1869, a new daily local press came into existence, but not one new local working-class daily was established through the rest of the nineteenth century. Curran and Seaton note that
Indeed, the eclipse of the national radical press was so total that when the Labour Party developed out of the working-class movement in the first decade of the twentieth century, it did not obtain the exclusive backing of a single national daily or Sunday paper.6
One important reason for this was the rise in scale of newspaper enterprise and the associated increase in capital costs from the mid-nineteenth century onward, which was based on technological improvements along with the owners’ increased stress on reaching large audiences. The expansion of the free market was accompanied by an “industrialization of the press.” The total cost of establishing a national weekly on a profitable basis in 1837 was under a thousand pounds, with a break-even circulation of 6,200 copies. By 1867, the estimated start-up cost of a new London daily was 50,000 pounds. The Sunday Express, launched in 1918, spent over two million pounds before it broke even with a circulation of over 250,000.7
Similar processes were at work in the United States, where the start-up cost of a new paper in New York City in 1851 was $69,000; the public sale of the St. Louis Democrat in 1872 yielded $456,000; and city newspapers were selling at from $6 to $18 million in the 1920s.8 The cost of machinery alone, of even very small newspapers, has for many decades run into the hundreds of thousands of dollars; in 1945 it could be said that “Even small-newspaper publishing is big business . . . [and] is no longer a trade one takes up lightly even if he has substantial cash—or takes up at all if he doesn’t.”9
Thus the first filter—the limitation on ownership of media with any substantial outreach by the requisite large size of investment—was applicable a century or more ago, and it has become increasingly effective over time.10 In 1986 there were some 1,500 daily newspapers, 11,000 magazines, 9,000 radio and 1,500 TV stations, 2,400 book publishers, and seven movie studios in the United States—over 25,000 media entities in all. But a large proportion of those among this set who were news dispensers were very small and local, dependent on the large national companies and wire services for all but local news. Many more were subject to common ownership, sometimes extending through virtually the entire set of media variants.11
Ben Bagdikian stresses the fact that despite the large media numbers, the twenty-nine largest media systems account for over half of the output of newspapers, and most of the sales and audiences in magazines, broadcasting, books, and movies. He contends that these “constitute a new Private Ministry of Information and Culture” that can set the national agenda.12
Actually, while suggesting a media autonomy from corporate and government power that we believe to be incompatible