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Accelerating a freefall? The impact of the post-2008 economic crisis on Greek media and journalism

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This article argues that the Greek media and journalism are undergoing a sector and profession crisis, which is not the result of a single cause but rather of the long-term accumulation of structural and political factors, which are exacerbated under the catalytic effect of the deep crisis of the Greek economy. An overview of the effects of media crisis includes crisis in the national and regional press industry, with dramatic decline in terms of newspaper circulation, readership and advertising revenue, fewer and lower-paying journalistic jobs, redundancies, degradation of media content quality and the resulting cultural product, changes in media ownership with strong concentration tendencies and thus monopolistic control of information. This article discusses the ways in which the Greek media system is in the process of constant transformation, due to the intersection of technological change and the decade-long financial crisis. Where the article aims to contribute in particular is by offering a better understanding of the ways in which the impact of an economic crisis is absorbed by different journalistic cultures and how journalism research can benefit from stronger conceptual clarity, regarding the complexity of journalism as the outcome of profound changes taking place in specific social contexts.
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Keywords: financial crisis; interdependence; journalism; media clientelism; politics; transformation

Document Type: Research Article

Affiliations: Aristotle University of Thessaloniki

Publication date: April 1, 2018

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  • The Journal of Greek Media & Culture is an interdisciplinary peer-reviewed journal that aims to provide a platform for debate and exploration of a wide range of manifestations of media and culture in and about Greece. The journal adopts a broad and inclusive approach to media and culture with reference to film, photography, literature, the visual arts, music, theatre, performance, as well as all forms of electronic media and expressions of popular culture. While providing a forum for the close analysis of cultural formations specific to Greece, JGMC aims to engage with broader methodological and theoretical debates, and situate the Greek case in global, diasporic and transnational contexts.
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