communications industry structure, including mass media, advertising, and telephone companies
Technological change in book production occurred much faster than stylistic change. Gutenberg began printing Bibles with his movable-type printing press about 1455. Many others quickly got into the printing business. Across the second half of the fifteenth century, the books that they printed looked a lot like manuscripts of that time. Print fonts imitated hand-written … Continue reading selling via the title page
On March 10, 1876, telephone inventor and entrepreneur Alexander Graham Bell made his first telephone call. The Bell Telephone Company was formed in the U.S. in July of 1877. By the end of 1877, three thousand telephones were in service.[1] The first commercial telephone exchange began operation in New Haven, Connecticut, on January 28, 1878. … Continue reading opex per phone fell 4% per year, 1880 to 1916
The Newseum, a $450 million dollar monument to news industry leadership, currently features an Elvis exhibit: “Elvis! His Groundbreaking, Hip-Shaking, Newsmaking Story.” In the business crisis facing the news industry today, something has to be done to raise revenue and support quality journalism. Maybe Elvises (a good investigative journalist could find a lot of them) … Continue reading the Newseum tries Elvis
In the late 19’th and early 20’th centuries, local investment in telephone networks drove the spread of telephone service in the U.S. Decentralized network investment made the U.S. a world leader in telephone coverage. U.S. telephone development was especially successful in rural areas. Dis-economies of scale in telephone networks help to account for the success … Continue reading dis-economies in communications networks
Customers often lack a decision-relevant understanding of service bills. How much and in what ways a customer uses a service usually affects the size of the customer’s bill. In such circumstances, customers’ access to data on their own use of a service is an important aspect of market structure. Customers choices of wireless calling plans … Continue reading user access to billing-relevant use data