Skip to main content

Market Structure and Innovation Policies in Greece

  • Chapter
  • First Online:
Innovation Policies in the European News Media Industry

Part of the book series: Media Business and Innovation ((MEDIA))

Abstract

The Greek news media markets show a dual market structure. They experience an increase in the level of concentration but also an increase in the number of news media companies. Many of these new entrants in the broadcast industry operate without a license. This chapter also shows that the news media industry was hit very hard during the recent economic crisis. Many companies had to close down and the scarcity of funding of activities increased. Many media companies focused on the reduction of costs instead of improving quality or stimulating innovation. Although, the Greek government had a strong presence and influence on the media landscape, it did not develop a regulatory framework. Nowadays, despite the existence of rules supporting the development of large media companies, the news media markets are still experiencing fierce competition, are highly concentrated and offering low-level of content quality and technological innovations. The Greek media are following approaches and methods from abroad even without the necessary adaptations or a proper plan for implementation and modifications.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 119.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 159.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 159.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • AGB, yearbooks. (2014).

    Google Scholar 

  • Baker, E. (1997). Giving the audience what they wants. Ohio State Law Journal, 58(2), 311–417.

    Google Scholar 

  • Bakhshi, H., & Throsby, D. (2009). Innovation in Arts and Cultural Organizations. Nesta Interim Research Report.

    Google Scholar 

  • Bari Focus. (2015). Radio ratings. Annual report.

    Google Scholar 

  • Brekke, K. A., & Nilssen, T. (2015). Media competition enhances new-product entry. On the market for fake observations. Information Economics and Policy, 31, 59–66.

    Article  Google Scholar 

  • Camarero, C., & Garrido, M. J. (2012). Fostering innovation in cultural contexts: Market orientation, service orientation, and innovations in museums. Journal of Service Research, 15(1), 39–58.

    Article  Google Scholar 

  • Dogruel, L. (2014). What is so special about media innovations? A characterization of the field. The Journal of Media Innovations, 1(1), 52–69.

    Article  Google Scholar 

  • ELSTAT. (2013). Retrieved October 3, 2013, from http://www.neolaia.gr/2014/03/05/elstat-internet/#ixzz3nbUWHyg4

  • Gustafsson, K. E. (1978). The circulation spiral and the principle of household coverage. Scandinavian Economic History Review, 26(1), 1–14.

    Article  Google Scholar 

  • Heretakis, E. (2015). Greek media market. Retrieved October 2, 2015, from https://www.academia.edu/11227807/Greece_2012_The_mass_media_fair_play_and_other_obsessions

  • Iosifidis, P., & Boucas, D. (2015). Media policy and independent journalism in Greece. London: Open Society Foundation.

    Google Scholar 

  • Lacy, S., Atwater, T., & Qin, X. (1989). Competition and the allocationof resources for local television news. Journal of Media Economics, 2, 3–14.

    Article  Google Scholar 

  • Law 159/1995 private television nature and function and the basic requirements for gaining and renew licence for establishment and function television channels.

    Google Scholar 

  • Law 161/2007 concentration and licensing business for information media.Law for research, technological development and innovation.

    Google Scholar 

  • Law 233/1998 offer subscription radio and television services.

    Google Scholar 

  • Law 262/2000 national council for radio and television and other principals and institutions in the sector of providing radio and television services.

    Google Scholar 

  • Leadros, N. (2010). Media concentration and systemic failures. International Journal of Communication, 4, 886–905.

    Google Scholar 

  • Papathanassopoulos, S. (2015). Mass media. Retrieved October 2, 2015, from www.video.minpress.gr/wwwminpress/aboutgreece/aboutgreece_mass_media.pdf

  • Picard, R. (1998). A note on the relations between circulation size and newspapers advertising rates. Journal of Media Economics, 11(2), 47–55.

    Google Scholar 

  • Picard, R. (2010). Value creation and the future of news organizations. Why and how journalism must change to remain relevant in the twenty-first century, Barcelona: MEDIA XXI. Public Issue research on behalf of Hellenic Audiovisual Institute 2007.

    Google Scholar 

  • PKP. (2010). Retrieved October 3, 2015, from http://www.observatory.gr/page/default.asp?la=1&id=183

  • Smyrnaios, N. (2015). Economic concentration and regulatory framework in Greek private tv. Retrieved October 2, 2015, from https://www.academia.edu/1265451/Economic_concentration_and_regulatory_framework_in_greek_private_tv (In Greek).

  • Storsul, T., & Krumsvik, A. (Eds.). (2014). Media Innovations a multidisciplinary study of change. Nordicom: University of Gothenburg.

    Google Scholar 

  • Van der Wurff, R., & van Cuilenburg, R. (2001). Impact of moderate and ruinous competition on diversity. The dutch television market. The Journal of Media Economics, 14(4), 213–229.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to George Tsourvakas .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2017 Springer International Publishing AG

About this chapter

Cite this chapter

Monastiridis, P., Dekoulou, P., Veglis, A., Tsourvakas, G. (2017). Market Structure and Innovation Policies in Greece. In: van Kranenburg, H. (eds) Innovation Policies in the European News Media Industry. Media Business and Innovation. Springer, Cham. https://doi.org/10.1007/978-3-319-45204-3_8

Download citation

Publish with us

Policies and ethics