The economics of the popular music industry: modelling from microeconomic theory and industrial organization
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| Main Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
Cham, Switzerland
Palgrave Macmillan
[2024]
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| Edition: | Second edition |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | ix, 246 Seiten Diagramme |
| ISBN: | 9783031498985 |
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Contents 1 2 3 Introduction: A Short Overview of Music Consumption and Production References 1 20 Consuming Music 2.1 The Supply und Demand Model 2.2 The Utility Function, Budget Constraints, and Indifference Curves 27 2.3 Experiential Goods and Consumer Optimization 2.4 Consuming Music: Perfect Substitutes 2.5 Intellectual Property Rights and Music Piracy 2.6 Music Streaming: The Newest Mode in Consumption and Production 48 2.7 Streaming and Music Piracy as Substitutes 2.8 Consuming Music: Perfect Complements 2.9 Perfect Complements and the Bowie Theory of Concert Touring References Producing Music 3.1 Cost Functions 3.2 The Firm’s Supply Curve: TheShutdown Rule 3.3 Perfect Competition vs. Oligopoly: The Demand Curve and Marginal Revenue Curve 23 23 32 38 45 57 64 66 93 99 99 103 105
vi CONTENTS The Profit Maximizing Decision Rule The Oligopoly Market Structure: Barriers to Entry Ownership of Intellectual Property Rights and Music Licensing 113 3.7 Games of Strategy: The Prisoner’s Dilemma and ASCAP vs. BMI 3.8 The Cournot Model and Oligopolies 3.9 Recording Contracts and the New 360 Deals 3.10 Barriers to Entry: The Ownership of Intellectual Property 3.11 Barriers to Entry: Startup Costs and the Cost of Investing in New Talent 3.12 Barriers to Entry: Economies of Scale 3.13 Streaming as the New ProductionModel 3.14 Market Power and Collusion 3.15 Technology Erodes Market Power 3.16 The New Business Models References 3.4 3.5 3.6 4 The Music Industry Disrupted: TheCOVID Era Adapting to the Economic Shockof the Pandemic Property Rights Revisited: Selling Master Recordings and Publishing Rights 185 References 4.1 4.2 5 The Global Marketplace for Music 5.1 Music Market Trends Worldwide 5.2 The Global К-Pop Phenomena References 6 Conclusion References 110 111 119 122 124 129 136 140 144 158 159 163 167 173 173 193 195 195 200 205 207 215 References 217 Index 241 |
| any_adam_object | 1 |
| author | Byun, Chong Hyun Christie |
| author_GND | (DE-588)1096253925 |
| author_facet | Byun, Chong Hyun Christie |
| author_role | aut |
| author_sort | Byun, Chong Hyun Christie |
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| bvnumber | BV049751721 |
| classification_rvk | LR 57448 |
| ctrlnum | (OCoLC)1456139093 (DE-599)BVBBV049751721 |
| discipline | Musikwissenschaft |
| edition | Second edition |
| format | Book |
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| illustrated | Not Illustrated |
| indexdate | 2024-11-11T09:08:05Z |
| institution | BVB |
| isbn | 9783031498985 |
| language | English |
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| physical | ix, 246 Seiten Diagramme |
| publishDate | 2024 |
| publishDateSearch | 2024 |
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| publisher | Palgrave Macmillan |
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| spelling | Byun, Chong Hyun Christie Verfasser (DE-588)1096253925 aut The economics of the popular music industry modelling from microeconomic theory and industrial organization Christie Byun Second edition Cham, Switzerland Palgrave Macmillan [2024] © 2024 ix, 246 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Musikmarkt (DE-588)4396689-5 gnd rswk-swf Musikkonsum (DE-588)4129542-0 gnd rswk-swf Musikproduktion (DE-588)4235850-4 gnd rswk-swf Unterhaltungsmusik (DE-588)4061916-3 gnd rswk-swf Musikwirtschaft (DE-588)4268614-3 gnd rswk-swf Unterhaltungsmusik (DE-588)4061916-3 s Musikmarkt (DE-588)4396689-5 s Musikproduktion (DE-588)4235850-4 s Musikkonsum (DE-588)4129542-0 s DE-604 Musikwirtschaft (DE-588)4268614-3 s Erscheint auch als Online-Ausgabe 978-3-031-49899-2 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=035093381&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Byun, Chong Hyun Christie The economics of the popular music industry modelling from microeconomic theory and industrial organization Musikmarkt (DE-588)4396689-5 gnd Musikkonsum (DE-588)4129542-0 gnd Musikproduktion (DE-588)4235850-4 gnd Unterhaltungsmusik (DE-588)4061916-3 gnd Musikwirtschaft (DE-588)4268614-3 gnd |
| subject_GND | (DE-588)4396689-5 (DE-588)4129542-0 (DE-588)4235850-4 (DE-588)4061916-3 (DE-588)4268614-3 |
| title | The economics of the popular music industry modelling from microeconomic theory and industrial organization |
| title_auth | The economics of the popular music industry modelling from microeconomic theory and industrial organization |
| title_exact_search | The economics of the popular music industry modelling from microeconomic theory and industrial organization |
| title_full | The economics of the popular music industry modelling from microeconomic theory and industrial organization Christie Byun |
| title_fullStr | The economics of the popular music industry modelling from microeconomic theory and industrial organization Christie Byun |
| title_full_unstemmed | The economics of the popular music industry modelling from microeconomic theory and industrial organization Christie Byun |
| title_short | The economics of the popular music industry |
| title_sort | the economics of the popular music industry modelling from microeconomic theory and industrial organization |
| title_sub | modelling from microeconomic theory and industrial organization |
| topic | Musikmarkt (DE-588)4396689-5 gnd Musikkonsum (DE-588)4129542-0 gnd Musikproduktion (DE-588)4235850-4 gnd Unterhaltungsmusik (DE-588)4061916-3 gnd Musikwirtschaft (DE-588)4268614-3 gnd |
| topic_facet | Musikmarkt Musikkonsum Musikproduktion Unterhaltungsmusik Musikwirtschaft |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035093381&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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