Summary
Firms that want to make profits from selling television entertainment to large audiences are confronted with three major problems: quality uncertainty, entertainment resale, and competition from their own future. Free television, subscription television and pay-per-view provide different solutions to each of these problems. Combining all three contractual forms of selling television entertainment enables firms to increase profits through price-quality-discrimination.
Similar content being viewed by others
Literatur
Akerlof, George A. (1970), The Market for Lemons: Quality Uncertainty and the Market Mechanism, in: Quarterly Journal of Economics, Vol. 84, S. 488–500.
Arrow, Kenneth J. (1971), Essays in the Theory of Risk-Bearing.
Bulow, Jeremy (1982), Durable-Goods Monopolists, in: Journal of Political Economy, Vol. 90, S. 314–332.
Coase, Ronald H. (1972), Durability and Monopoly, in: Journal of Law and Economics, Vol. 15, S. 143–149.
Deneckere, Raymond J.; McAfee R. Preston (1996), Damaged Goods, in: Journal of Economics and Management Strategy, Vol. 5, S. 149–174.
Dietl, Helmut (1999), Selling Information on the Internet, in: Hitotsubashi Journal of Commerce and Management, Vol. 34, S. 1–14.
Nelson, Phillip (1970), Information and Consumer Behavior, in: Journal of Political Economy, Vol. 78, S. 311–329.
Shackle, G. L. S. (1952), On the Meaning and Measure of Uncertainty: I, in: Metroeconomica, Vol. 4, S. 87–104.
Varian, Hal R. (1997), Versioning Information Goods, working paper, University of California, Berkeley.
Zerdick, Axel/Picot, Arnold/Schrape, Klaus/Artopé, Alexander/Goldhammer, Klaus/Lange, Ulrich T./Vierkant, Eckart/López-Escobar, Esteban/Silverstone, Roger (1999), Die Internet-Ökonomie — Strategien für die digitale Wirtschaft.
Author information
Authors and Affiliations
Rights and permissions
About this article
Cite this article
Dietl, H., Franck, E. Free-TV, Abo-TV, Pay per View-TV — Organisationsformen zur Vermarktung von Unterhaltung. Schmalenbachs Z betriebswirtsch Forsch 52, 592–603 (2000). https://doi.org/10.1007/BF03372630
Published:
Issue Date:
DOI: https://doi.org/10.1007/BF03372630