pioneer format in digital music, it captured the imagination of many at the time of its inception. In this article, I present … significantly disrupted the market for recorded music, its eventual success and acceptance underscores its immense profitability to … the industry, one which was built on a business model of music rights exploitation. Meanwhile, the CD's marketplace …

Publishers of computer software and music claimed losses of nearly $16 billion to piracy in 1999. Theoretically … recorded music, we develop and test hypotheses from theoretical models of end-user and re-seller piracy on international panel … data for music CDs. Empirically, we find that the demand for music CDs decreased with piracy, suggesting that "theft …

superstars. The net effect is an empirical question. We study the effect of YouTube on the market for music, focusing on … development but differ in access to music videos on YouTube. Exploiting a contract dispute that has blocked official music videos … dominates, the magnitude of estimated effects are modest, suggesting that YouTube will not drive out the market for local music …

Since the launch of the iTunes Music Store in the US in 2003 and in much of Europe in the following years, music trade … consumers and producers around the world. We address these questions with a structural model of supply and demand for music in …

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 …

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 … often perceived as an obstacle to greater availability. However, other factors such as commercial strategies by music …

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 …