Copyright's excess: money and music in the US recording industry
Far more than 200 years, copyright in the United States has rested on a simple premise: more copyright will lead to more money for copyright owners, and more money will lead to more original works of authorship. In this important, illuminating book, Glynn Lunney tests that premise by tracking the ri...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge ; New York ; Port Melbourne ; New Delhi ; Singapore
Cambridge University Press
2018
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Zusammenfassung: | Far more than 200 years, copyright in the United States has rested on a simple premise: more copyright will lead to more money for copyright owners, and more money will lead to more original works of authorship. In this important, illuminating book, Glynn Lunney tests that premise by tracking the rise and fall of the sound recording copyright from 1961-2015, along with the associated rise and fall in sales of recorded music. Far from supporting copyright's fundamental premise, the empirical evidence finds the exact opposite relationship: more revenue led to fewer and lower-quality hit songs. Lunney's breakthrough research shows that what copyright does is vastly increase the earnings of our most popular artists and songs. Doing so reduced their productivity. At the same time, copyright did very little to increase the earnings of, and hence increase the productivity of, artists at the margins. The net result: more revenue was associated with the release of fewer hit songs. This book should be read by anyone interested in how copyright operates in the real world |
| Beschreibung: | xiii, 238 Seiten Illustrationen, Diagramme |
| ISBN: | 9781107181670 1107181674 9781316632796 1316632792 |
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| 505 | 8 | |a 1. Introduction -- 2. The (Surprisingly Weak) Economic Case for Copyright -- 3. Copyright and Revenue in the Recording Industry -- 4. Measuring Music Output -- 5. The Search for a Correlation: Was More Money Associated with More or Better Music? -- 6. More Money Meant Less Music -- 7. Rationalizing Copyright | |
| 520 | 3 | |a Far more than 200 years, copyright in the United States has rested on a simple premise: more copyright will lead to more money for copyright owners, and more money will lead to more original works of authorship. In this important, illuminating book, Glynn Lunney tests that premise by tracking the rise and fall of the sound recording copyright from 1961-2015, along with the associated rise and fall in sales of recorded music. Far from supporting copyright's fundamental premise, the empirical evidence finds the exact opposite relationship: more revenue led to fewer and lower-quality hit songs. Lunney's breakthrough research shows that what copyright does is vastly increase the earnings of our most popular artists and songs. Doing so reduced their productivity. At the same time, copyright did very little to increase the earnings of, and hence increase the productivity of, artists at the margins. The net result: more revenue was associated with the release of fewer hit songs. This book should be read by anyone interested in how copyright operates in the real world | |
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Datensatz im Suchindex
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|---|---|
| adam_text | Contents
List ofFigi ires page ix
List of Tables xiii
1 Introduction 1
2 The (Surprisingly Weak) Economic Case for Copyright 11
2.1 Defining Copyright’s Excess and Its Implications for the
Incentives-Access Paradigm *3
2.2 Alternative Economic Models 3°
2-3 Public Choice Considerations 40
2.4 Value-Based and Cost-Based Pricing 44
2-5 Pseudo-Economic “Justifications” for Copyright 49
2.6 Noneconomic Justifications for Copyright 56
2-7 Copyright’s Fundamental Premise 57
3 Copyright and Revenue in the Recording Industry 59
31 Copyright Protection for a Song 59
3-2 The Sound Recording Copyright and the Rise in
Sales Revenue: 1961-1999 67
3-3 The Rise of File Sharing and the “Fall” of the Sound
Recording Copyright 70
3-4 File Sharing and the Incentives-Access Paradigm 74
3-5 The Rise and Fall of the Sound Recording Copyright as
Natural Experiment 80
4 Measuring Music Output 84
4a A Preliminary Look at Music Output: SoundScan and
Rolling Stone 86
VÜ
Table of Contents
viii
4.2 A More Detailed, but Still Preliminary Look,
Part I --- The Billboard Hot 100 Chart: 1962-2015 90
4-3 A More Detailed, but Still Preliminary Look,
Part II - 2014 Spotify Streams 112
4-4 Data Limitations n9
4-5 Summary: Data and Preliminary Analysis 120
5 The Search for a Correlation: Was More Money Associated
with More or Better Music? 122
5-1 Did More Money Mean More and Better Music,
Part I: The Spotify Measures 122
5-2 Did More Money Mean More and Better Music,
Part II: The Hot 100 Chart 133
5-3 Summary: A Fruitless Search 155
6 More Money Meant Less Music 157
7 Rationalizing Copyright 193
7-1 Recommendation #1: Keep the Current Equilibrium 194
7-2 Recommendation #2: Reform the Sound Recording
Copyright 198
7-3 Recommendation #3: Abolish the Sound Recording
Copyright 209
7-4 Do Our Conclusions Extend to Works Other than Sound
Recordings? 213
7-5 The Power of Stories 214
Appendix A 217
Appendix B 219
Appendix C 225
Appendix D 227
Index 235
|
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| author | Lunney, Glynn S. Jr |
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| contents | 1. Introduction -- 2. The (Surprisingly Weak) Economic Case for Copyright -- 3. Copyright and Revenue in the Recording Industry -- 4. Measuring Music Output -- 5. The Search for a Correlation: Was More Money Associated with More or Better Music? -- 6. More Money Meant Less Music -- 7. Rationalizing Copyright |
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| spelling | Lunney, Glynn S. Jr. Verfasser (DE-588)171918770 aut Copyright's excess money and music in the US recording industry Glynn Lunney Cambridge ; New York ; Port Melbourne ; New Delhi ; Singapore Cambridge University Press 2018 xiii, 238 Seiten Illustrationen, Diagramme txt rdacontent n rdamedia nc rdacarrier 1. Introduction -- 2. The (Surprisingly Weak) Economic Case for Copyright -- 3. Copyright and Revenue in the Recording Industry -- 4. Measuring Music Output -- 5. The Search for a Correlation: Was More Money Associated with More or Better Music? -- 6. More Money Meant Less Music -- 7. Rationalizing Copyright Far more than 200 years, copyright in the United States has rested on a simple premise: more copyright will lead to more money for copyright owners, and more money will lead to more original works of authorship. In this important, illuminating book, Glynn Lunney tests that premise by tracking the rise and fall of the sound recording copyright from 1961-2015, along with the associated rise and fall in sales of recorded music. Far from supporting copyright's fundamental premise, the empirical evidence finds the exact opposite relationship: more revenue led to fewer and lower-quality hit songs. Lunney's breakthrough research shows that what copyright does is vastly increase the earnings of our most popular artists and songs. Doing so reduced their productivity. At the same time, copyright did very little to increase the earnings of, and hence increase the productivity of, artists at the margins. The net result: more revenue was associated with the release of fewer hit songs. This book should be read by anyone interested in how copyright operates in the real world Urheberrecht (DE-588)4062127-3 gnd rswk-swf Tonträgerindustrie (DE-588)4267529-7 gnd rswk-swf Musikwirtschaft (DE-588)4268614-3 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf Copyright / Music / United States Music / Economic aspects / United States Copyright / Music Music / Economic aspects United States USA (DE-588)4078704-7 g Musikwirtschaft (DE-588)4268614-3 s Tonträgerindustrie (DE-588)4267529-7 s Urheberrecht (DE-588)4062127-3 s DE-604 Digitalisierung BSB München - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030616820&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Lunney, Glynn S. Jr Copyright's excess money and music in the US recording industry 1. Introduction -- 2. The (Surprisingly Weak) Economic Case for Copyright -- 3. Copyright and Revenue in the Recording Industry -- 4. Measuring Music Output -- 5. The Search for a Correlation: Was More Money Associated with More or Better Music? -- 6. More Money Meant Less Music -- 7. Rationalizing Copyright Urheberrecht (DE-588)4062127-3 gnd Tonträgerindustrie (DE-588)4267529-7 gnd Musikwirtschaft (DE-588)4268614-3 gnd |
| subject_GND | (DE-588)4062127-3 (DE-588)4267529-7 (DE-588)4268614-3 (DE-588)4078704-7 |
| title | Copyright's excess money and music in the US recording industry |
| title_auth | Copyright's excess money and music in the US recording industry |
| title_exact_search | Copyright's excess money and music in the US recording industry |
| title_full | Copyright's excess money and music in the US recording industry Glynn Lunney |
| title_fullStr | Copyright's excess money and music in the US recording industry Glynn Lunney |
| title_full_unstemmed | Copyright's excess money and music in the US recording industry Glynn Lunney |
| title_short | Copyright's excess |
| title_sort | copyright s excess money and music in the us recording industry |
| title_sub | money and music in the US recording industry |
| topic | Urheberrecht (DE-588)4062127-3 gnd Tonträgerindustrie (DE-588)4267529-7 gnd Musikwirtschaft (DE-588)4268614-3 gnd |
| topic_facet | Urheberrecht Tonträgerindustrie Musikwirtschaft USA |
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