The development of media quality in the Digital Age

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Abstract

The Digital Age has revolutionized the media landscape, reshaping how consumers access and interact with content. Consumers now have access to a wide range of media content, from physical copies to digital downloads and streaming. This has led to content creators detaching from traditional publishing and self-publishing their content on platforms like Wattpad, SoundCloud, and YouTube. The Digital Age has also added more remedies to signal quality to consumers, such as online reviews and personalized recommendations. This paper aims to analyze the impact of the Digital Age on the quality of media content in three different media fields (books, music, and films and series) by conducting an online survey among 245 German-speaking internet users in May 2022. Findings reveal a significant increase in access to content creators and content availability for consumers in the Digital Age. Moreover, the Digital Age introduces mechanisms that assist consumers in evaluating content quality, mitigating the adverse selection problem. The study concludes that media content quality in the Digital Age surpasses that of the Pre-Digital Age. For an enhanced consumer experience in the field of books, media providers should reconsider their algorithms, prioritizing content over purchasing patterns. Caution is advised in reinforcing intellectual property rights, emphasizing the need for judicious application to preserve content creation incentives.

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APA

Barhoumi, S. (2024). The development of media quality in the Digital Age. List Forum Fur Wirtschafts- Und Finanzpolitik, 50(3), 183–203. https://doi.org/10.1007/s41025-024-00268-3

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