In this paper, we use data from a survey of 151 French record companies to test the “long-tail” hypothesis at the level of the firm. More specifically, we test whether, following the “selling less of more” principle coined by Anderson (<CitationRef CitationID="CR2">2006</CitationRef>), record companies that have adapted to...</citationref>

In this paper we study the impact of a radical technological innovation on business models. Do firms react by adjusting their business models incrementally, through iterative steps? Or do such innovations lead, instead, to a big bang of new innovative business models that are all adopted and...

The effect of the Internet and Information and Communication Technologies on the Record Industry In this paper, we analyze how the development of information and communication technologies (ICTs) and of the Internet affects the record industry. We show that the record industry is impacted in...

Downloading digital products for free may harm creators and intermediaries because consumers may no longer buy the version for sale. However, as we show in this paper, this negative effect may be overcompensated by a positive effect due to sampling: consumers are willing to pay more because the...

Using a survey on cultural habits and consumption behavior of 2,000 individuals, we study the determinants of physical purchases and pay-downloads in four cultural industries: books, recorded music, movies, and video games. We show that the impact of piracy on legal purchases differs among these...

In this paper we propose a model which shows that the impact of copyright infringement on music artists depends on the type of revenue that they receive (royalties from record companies, profits for self-released artists, revenues from live concerts). We then test the hypotheses derived from the...