We present a framework to evaluate the impact of digital music distribution. We set up a representative model that … enables the comparative static analysis. We then interpret two empirical observations about the music industry, the sales …

The music industry is facing the development of online P2P networks, direct download services and other forms of … digital piracy, while at the same time the format and promotion of pre-recorded music are undergoing major transformations …. The chapter is organized as follows. First, I analyze how digital piracy and digital music distribution are changing the …

Since the launch of the iTunes Music Store in the US in 2003 and in much of Europe in the following years, music trade …. Despite substantial growth in availability, the available choice sets of digital music have not fully converged across … countries. The territorial fragmentation of the EU copyright management regime and related cross-border transaction costs are …

The objective of this paper is to document the evolution of cross-border music trade patterns in this transition period … and to explain what drives digital music trade patterns. The shift from analogue to digital music distribution has … substantially reduced trade costs and has enlarged the choice sets of music consumers around the world. Using comprehensive data on …

digitization of music and management of musical rights. This paper suggests that collaborative concentration may be preferable to …Digitization has had a profound effect on the management of musical copyrights in terms of data requirements and has …. This paper explores these points using information provided by PRS for Music, the UK’s collecting society managing musical …