Several empirical studies exist that measure the impact of filesharing services on music sales, and most suggest that … substituted out of music and into movies. This paper uses micro-level data from the Consumer Expenditure Survey (1998 through 2003 …) to test for this possible substitution effect. The data do not support the hypothesis that music consumers spent less on …

exists that allows for the presence of a profit maximizing music industry as an intermediary between the creators of … buying music. The model provides testable price and demand equations and suggests that file sharing may have been undertaken … by consumers who were previously not in the market for music …

sharing and the parallel fall in music industry revenue as a natural experiment in radically reduced copyright protection … analysis, I show that the sharp decline in music industry revenue that paralleled the rise of file sharing was associated … file sharing began was associated with a net increase in the number of new hit songs, ceteris paribus. Thus, for the music …

Music Authors. After the war, the field of copyright in the country re-borned with adoption of the Copyrights Law, being …

violations of authors’ and related rights. The revenues of the recorded music have shrunk to approximately 40% since their … lack any ‘complementary sources of income’, such as the live performances in the music sector. The present text starts with …

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 …

In January 2012, Capitol Records (a label of EMI Music) sued ReDigi (a secondhand marketplace for digital music files …) for copyright infringement. This paper discusses the legal framework of the resale of digital music files and analyzes the … digital music should be permissible as a matter of policy. It is argued that ReDigi should prevail in court since no copying …

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 …