Despite the inexorable rise of the internet and new media, television remains the most trusted and most dominant source of news and information about our world, our nation and even our region. Television journalism, therefore, matters. Using the UK as a historical and institutional case study, this book explores the history of television journalism. Barnett compares the two very different trajectories of television journalism in Britain and the US: their different values, approaches to regulation and audiences, their resources, outputs and editorial cultures. The Rise and Fall of Television Journalism finds that British television journalism is endangered by an unthinking attachment to deregulation and free market politics. It argues that, having started from a very different set of regulatory and institutional practices, Britain is in danger of heading down the American road. As a result, British public life will be diminished.