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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 …
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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 …
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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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