Financing and operating stadiums and arenas beside the respective national high-class leagues are demanding tasks for those involved, mostly clubs or local governments. In the majority of cases, the affected clubs and teams heavily rely on ticket and catering revenues or sponsorships since the...

For several years now the music industry has to contend with drops in turnover supposedly caused by music piracy and file sharing. However, as accumulating evidence indicates, file sharing and other conventional explanations referring to demand-side factors like the macroeconomic conditions or...