The Economics of the Popular Music Industry

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Author :
Publisher : Springer
ISBN 13 : 1137467053
Total Pages : 128 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis The Economics of the Popular Music Industry by : C. Byun

Download or read book The Economics of the Popular Music Industry written by C. Byun and published by Springer. This book was released on 2016-04-29 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Palgrave Pivot uses modeling from microeconomic theory and industrial organization to demonstrate how consumers and producers have responded to major changes in the music industry. Byun examines the important role of technology in changing its structure, particularly as new methods of creating and accessing music prove to be a double-edged sword for creators and producers. An underlying theme in the project is the question of how the business of music affects creativity, and how artists continue to produce creative output in the face of business pressures, the erosion of copyright enforcement, and rampant online piracy. In addition to being a useful resource for economists interested in the music industry, this approachable Pivot is also ideal for business and music majors studying the effect of technology on their chosen fields.

The Economics of Music

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Author :
Publisher : Economics of Big Business
ISBN 13 : 9781788214278
Total Pages : 0 pages
Book Rating : 4.2/5 (142 download)

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Book Synopsis The Economics of Music by : Peter Tschmuck

Download or read book The Economics of Music written by Peter Tschmuck and published by Economics of Big Business. This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The music industry is one of the most dynamic business sectors. It has had to evolve and adapt to continually changing technologies and business models. Its latest challenge has been Covid-19 and the loss of live music at a time when live performance outstrips music sales as the primary source of income for today's artists. The second edition of this much used introduction to the economic workings of the music business explores the impact of the pandemic at every level of the sector and considers how the business model may need to change going forward as different stakeholder positions shift. The new edition also examines new trends in the music industry such as the increasing dominance of tech companies and data, the increasing importance of CMOs as market players, the increased role of artist management, which has impacted on new business contracts, as well as changes to how we use music in our everyday lives and how this impacts on new entrepreneurial behaviours around music.

The Economics of the Popular Music Industry

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Author :
Publisher : Palgrave Macmillan
ISBN 13 : 9783031498985
Total Pages : 0 pages
Book Rating : 4.4/5 (989 download)

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Book Synopsis The Economics of the Popular Music Industry by : Christie Byun

Download or read book The Economics of the Popular Music Industry written by Christie Byun and published by Palgrave Macmillan. This book was released on 2024-05-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses economic theory to explain how consumers and producers have responded to major changes in the music industry. Byun examines the important role of technology in changing its structure, particularly as new methods of creating and accessing music prove to be a double-edged sword for creators and producers. This second edition includes new information about concert attendance and live performance in the COVID era and what followed, as well as the resultant economic impacts on the industry. Throughout the book, Byun questions how the business of music affects creativity and the extent to which this impacts the creative output of the individual artist. Chapters also address copyright enforcement and online piracy. This is an approachable resource for economists interested in the music industry as well as business and music majors studying the ways in which technology can impact a creative process.

Rockonomics

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Publisher : John Murray
ISBN 13 : 9781473667921
Total Pages : 336 pages
Book Rating : 4.6/5 (679 download)

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Book Synopsis Rockonomics by : Alan Krueger

Download or read book Rockonomics written by Alan Krueger and published by John Murray. This book was released on 2020-08-20 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of the Popular Music Industry

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Author :
Publisher : Springer Nature
ISBN 13 : 3031498992
Total Pages : 251 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis The Economics of the Popular Music Industry by : Christie Byun

Download or read book The Economics of the Popular Music Industry written by Christie Byun and published by Springer Nature. This book was released on with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt:

R&B, Rhythm and Business

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Publisher : Akashic Books
ISBN 13 : 9781888451689
Total Pages : 348 pages
Book Rating : 4.4/5 (516 download)

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Book Synopsis R&B, Rhythm and Business by : Norman Kelley

Download or read book R&B, Rhythm and Business written by Norman Kelley and published by Akashic Books. This book was released on 2005 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given than hip hop music alone has generated more than a billion dollars in sales, the absence of a major black record company is disturbing. Even Motown is now a subsidiary of the Universal Music Group. Nonetheless, little has been written about the economic relationship between African-Americans and the music industry. This anthology dissects contemporary trends in the music industry and explores how blacks have historically interacted with the business as artists, business-people and consumers.

A Textbook of Cultural Economics

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1139485563
Total Pages : 627 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis A Textbook of Cultural Economics by : Ruth Towse

Download or read book A Textbook of Cultural Economics written by Ruth Towse and published by Cambridge University Press. This book was released on 2010-01-07 with total page 627 pages. Available in PDF, EPUB and Kindle. Book excerpt: What determines the price of a pop concert or an opera? Why does Hollywood dominate the film industry? Does illegal downloading damage the record industry? Does free entry to museums bring in more visitors? In A Textbook of Cultural Economics, one of the world's leading cultural economists shows how we can use the theories and methods of economics to answer these and a host of other questions concerning the arts (performing arts, visual arts and literature), heritage (museums and built heritage) and creative industries (the music, publishing and film industries, broadcasting). Using international examples and covering the most up-to-date research, the book does not assume a prior knowledge of economics. It is ideally suited for students taking a course on the economics of the arts as part of an arts administration, business, management, or economics degree.

The Global Music Industry

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Author :
Publisher : Routledge
ISBN 13 : 1135922489
Total Pages : 304 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis The Global Music Industry by : Arthur Bernstein

Download or read book The Global Music Industry written by Arthur Bernstein and published by Routledge. This book was released on 2013-09-13 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: For everyone in the music industry—record labels, managers, music publishers, and the performers themselves—it is important to understand the world music marketplace and how it functions. Yet remarkably little has been written about the music business outside of the U.S. The Global Music Industry: Three Perspectives gives a concise overview of the issues facing everyone in the international music industry. Designed for an introductory course on music business, the book begins with an introduction to the field around the world, then focuses on global issues by region, from bootlegging and copyright to censorship and government support. It will be a standard resource for students, professionals, and musicians.

Music as Intangible Cultural Heritage

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Author :
Publisher : Springer Nature
ISBN 13 : 3030768821
Total Pages : 151 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Music as Intangible Cultural Heritage by : Blanca de-Miguel-Molina

Download or read book Music as Intangible Cultural Heritage written by Blanca de-Miguel-Molina and published by Springer Nature. This book was released on 2021 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book offers an interdisciplinary perspective and presents various case studies on music as ICH, highlighting the importance and functionality of music to stimulating social innovation and entrepreneurship., Intangible Cultural Heritage (ICH) covers the traditions or living expressions proposed by the 2003 Convention for the Safeguarding of the Intangible Cultural Heritage in five areas, including music. To understand the relationship between immaterial and material uses and inherent cultural landscapes, this open access book analyzes the symbolic, political, and economic dimensions of music. The authors highlight the continuity and current functionality of these artistic forms of expression as well as their lively and changing character in continuous transformation. Topics include the economic value and impact of music, strategies for social innovation in the music sector, music management, and public policies to promote cultural and creative industries. [Resumen de la editorial]

Creativity and Innovation in the Music Industry

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9781402042744
Total Pages : 312 pages
Book Rating : 4.0/5 (427 download)

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Book Synopsis Creativity and Innovation in the Music Industry by : Peter Tschmuck

Download or read book Creativity and Innovation in the Music Industry written by Peter Tschmuck and published by Springer Science & Business Media. This book was released on 2006-01-18 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book charts the effects of new communication technologies and the Internet on the creation of music in the early 21st century. It examines how the music industry will be altered by the Internet, music online services and MP3-technology. This is done through an integrated model based on an international history of the industry since the phonograph’s invention in 1877, and thus, the history of the music industry is described in full detail for the first time.

The Music Industry

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 074565522X
Total Pages : 273 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis The Music Industry by : Patrik Wikström

Download or read book The Music Industry written by Patrik Wikström and published by John Wiley & Sons. This book was released on 2013-04-25 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The music industry is going through a period of immense change brought about in part by the digital revolution. What is the role of music in the age of computers and the internet? How has the music industry been transformed by the economic and technological upheavals of recent years, and how is it likely to change in the future? This is the first major study of the music industry in the new millennium. Wikström provides an international overview of the music industry and its future prospects in the world of global entertainment. They illuminate the workings of the music industry, and capture the dynamics at work in the production of musical culture between the transnational media conglomerates, the independent music companies and the public. The Music Industry will become a standard work on the music industry at the beginning of the 21st century. It will be of great interest to students and scholars of media and communication studies, cultural studies, popular music, sociology and economics. It will also be of great value to professionals in the music industry, policy makers, and to anyone interested in the future of music.

Institutional Economics and the Formation of Preferences

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781845420727
Total Pages : 182 pages
Book Rating : 4.4/5 (27 download)

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Book Synopsis Institutional Economics and the Formation of Preferences by : Wilfred Dolfsma

Download or read book Institutional Economics and the Formation of Preferences written by Wilfred Dolfsma and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Wilfred Dolfsma has provided us with an important and pioneering investigation of the social construction of pop music as a symbolic good, drawing on institutional and social economic thinking regarding how socio-cultural values underlie the value/price system for music goods. A necessary resource for all those seeking to understand symbolic goods and the identities they help create.' - John B. Davis, University of Amsterdam, The Netherlands and Marquette University, US The formation of preferences is an elusive subject that many social scientists, and especially economists, have tended to avoid. In this original new book, Wilfred Dolfsma combines institutional economics with insights from the other social sciences to analyse the way in which preferences are formed in a social context.

Music in the Marketplace

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Author :
Publisher : Routledge
ISBN 13 : 1317934725
Total Pages : 322 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Music in the Marketplace by : Samuel Cameron

Download or read book Music in the Marketplace written by Samuel Cameron and published by Routledge. This book was released on 2015-03-24 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much recent economic work on the music industry has been focused on the impact of technology on demand, with predictions being made of digital copyright infringement leading to the demise of the industry. In fact, there have always been profound cyclical swings in music media sales owing to the fact that music always has been, and continues to be, a discretionary purchase. This entertaining and accessible book offers an analysis of the production and consumption of music from a social economics approach. Locating music within the economic analysis of social behaviour, this books guides the reader through issues relating to production, supply, consumption and trends, wider considerations such as the international trade in music, and in particular through divisions of age, race and gender. Providing an engaging overview of this fascinating topic, this book will be of interest and relevance to students and scholars of cultural economics, management, musicology, cultural studies and those with an interest in the music industry more generally.

Economic Analysis of Music Copyright

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1441963189
Total Pages : 186 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Economic Analysis of Music Copyright by : Ivan L. Pitt

Download or read book Economic Analysis of Music Copyright written by Ivan L. Pitt and published by Springer Science & Business Media. This book was released on 2010-07-16 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chris Anderson's initial `Long Tail' analysis was released in 2004 just as the wave of mergers and acquisitions was sweeping the music publishing and radio industries. Music industry executives began looking for Anderson’s ‘Long Tail’ effect and with it the implied redistribution of royalty income from popular songs to long dormant and forgotten works in their catalogs. These music publishers had hoped to further maximize the value of their copyright assets (lyrics and melody) in their existing music catalogs as the sale of compact disks diminished, and consumers switched their purchasing and listening habits to new digital formats in music technology such as the iPod. This book deals with the measurement of skewness, heavy tails and asymmetry in performance royalty income data in the music industry, an area that has received very little academic attention for various reasons. For example, the pay packages, including signing bonuses, of some `superstars' in the sports world are often announced when they join a team. In the art world, the value of an artist's work is sometimes revealed when the work is sold at auction. The main reason it is difficult to study art and culture from a royalty income perspective is that most of the income data at the individual level is often proprietary, and generally not made publicly available for economic analysis. As a Senior Economist for the American Society of Composers, Authors, and Publishers (ASCAP) using both internal and licensed external proprietary data, the author found that the so-called `superstar effects' are still present in performance royalty income. Success is still concentrated on a relatively few copyright holders or members who can be grouped into `heavy tails' of the empirical income distribution in a departure from Anderson's `long tail' analysis. This book is divided into two parts. The first part is a general introduction to the many supply and demand economic factors that are related to music performance royalty payments. The second part is an applied econometrics section that provides modeling and in-depth analysis of income data from a songwriter, music publisher and blanket licensing perspective. In an era of declining income from CD album sales, data collection, mining and analysis are becoming increasingly important in terms of understanding the listening, buying and music use habits of consumers. The economic impact on songwriters, publishers, music listeners, and Performance Rights Organizations (PROs) is discussed and future business models are evaluated. The book will appeal to researchers and students in cultural economics, media and statistics as well as general readers and professionals in the music publishing industry.

The Economics of Music

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Author :
Publisher :
ISBN 13 : 9781911116097
Total Pages : 224 pages
Book Rating : 4.1/5 (16 download)

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Book Synopsis The Economics of Music by : Peter Tschmuck

Download or read book The Economics of Music written by Peter Tschmuck and published by . This book was released on 2017 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Music provides a concise and rigorous presentation of the economics of the music business.

Handbook of the Economics of Art and Culture

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Publisher : Elsevier
ISBN 13 : 0080464750
Total Pages : 1400 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis Handbook of the Economics of Art and Culture by : Victor A. Ginsburgh

Download or read book Handbook of the Economics of Art and Culture written by Victor A. Ginsburgh and published by Elsevier. This book was released on 2006-09-13 with total page 1400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last 30 or 40 years a substantial literature has grown up in which the tools of economic theory and analysis have been applied to problems in the arts and culture. Economists who have surveyed the field generally locate the origins of contemporary cultural economics as being in 1966, the year of publication of the first major work in modern times dedicated specifically to the economics of the arts. It was a book by Baumol and Bowen which showed that economic analysis could illuminate the supply of and demand for artistic services, the contribution of the arts sector to the economy, and the role of public policy. Following the appearance of the Baumol and Bowen work, interest in the economics of the arts grew steadily, embracing areas such as demand for the arts, the economic functions of artists, the role of the nonprofit sector, and other areas. Cultural economics also expanded to include the cultural or entertainment industries (the media, movies, the publishing industry, popular music), as well as heritage and museum management, property right questions (in particular copyright) and the role of new communication technologies such as the internet. The field is therefore located at the crossroads of several disciplines: economics and management, but also art history, art philosophy, sociology and law. The Handbook is placed firmly in economics, but it also builds bridges across these various disciplines and will thus be of interest to researchers in all these different fields, as well as to those who are engaged in cultural policy issues and the role of culture in the development of our societies. *Presents an overview of the history of art markets *Addresses the value of art and consumer behavior toward acquiring art *Examines the effect of art on economies of developed and developing countries around the world

Competition Policy and the Music Industries

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Author :
Publisher : Routledge
ISBN 13 : 1000466477
Total Pages : 195 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Competition Policy and the Music Industries by : Jenny Kanellopoulou

Download or read book Competition Policy and the Music Industries written by Jenny Kanellopoulou and published by Routledge. This book was released on 2021-11-04 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the nature of the music industries before and after the digital revolution from the point of view of the consumer, and explores the question of whether there is a role for competition policy intervention in the music industries. Considering the historically consolidated environment of the music industries, and their rapidly evolving business models in the twenty-first century, the author argues that there is a need for updated competition design to promote consumer welfare and competition in these markets. Opening a much-needed interdisciplinary dialogue across music studies, business, and law, the book applies business model literature to antitrust law in the context of the music industries. It offers a comprehensive history of encounters between the music industry and antitrust and regulatory authorities in the US, UK, and EU, from the payola scandals of the 1950s to the merger of Live Nation and Ticketmaster in 2010, showing how even as business models in the industry have changed, it has repeatedly moved towards consolidation with little regulation. Drawing on this history, it considers how competition policy can foster innovation and safeguard consumer interests in the music markets of the future. Offering new analytical and methodological tools, this book is relevant to those studying the music industries from business, legal, and cultural perspectives.