The identification and clearance of music copyright is a complex process that suffers from high transaction costs when managed by individual rightsholders. The pooling of music copyright in collective rights management organizations has historically reduced these costs, while providing a larger,...

Using survey data on cultural consumption by about 650 university students, this article proposes a market segmentation and some "rule-of-thumb" managerial implications for the music industry. The aim is to show how technological innovation impacts on the structure of consumer preferences....

The is article analyses the two main approaches for artists’ selection in the recording industry: the direct model in which large major companies directly choose new artists from the supply market, and the agency model in which small independent labels realise the first choice and,...