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The EU seeks to create a seamless online Digital Single Market for media products such as digital music and film. The … digital music and film. We find that availability of EU media products across country stores in the EU is hovering around 80 …% for music and 40% for films. Recent industry initiatives to reduce the transaction costs of making digital music available …
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The goal of this paper is to analyze the behavior of digital music consumers on the Internet. Using clickstream data on … the legal purchases of digital music. Our results suggest that Internet users do not view illegal downloading as a … substitute to legal digital music. Although positive and significant, our estimated elasticities are essentially zero: a 10 …
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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 …
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