We conduct an event study to (1) analyze whether investors revise their expectations about a music album's success when new chart information is published and (2) estimate how these revised expectations affect the value of a music label. We find that expectations about the success of an album...

This paper quantifies the relationship between private-network file sharing activity and music sales in the BitTorrent era. Using a panel dataset of 2,251 albums' U.S. sales and file sharing downloads on a private network during 2008, I estimate the effect of file sharing on album sales....

This paper discusses the impact of new information technologies, especially Internet, in the structure of the music industry and offers an assessment of the main influences that are reconfiguring the operation of music creation and production. The analysis covers the content and the...

Welcome to the creative economy -- Why music professionals need to think like entrepreneurs -- Developing the 21st century global music professional -- Getting to know you : branding and marketing -- Opportunities ahead : global rights management -- Revenue streams : global performing and...

Introduction : Valuing music / Gayle McPherson and Allan Dumbreck -- The need for the music entrepreneur / Allan Dumbreck -- From DIY to D2F : contextualizing entrepreneurship for the artist/musician / Holly Tessler and Matthew Flynn -- Example case study? The professional musician / Allan...

Introduction : capitalism, music, and social theory -- A brief history of music and capitalism before the rise of neoliberalism -- Neoliberal capitalism and the cultural industries -- Globalization -- Digitalization -- Singing in the shadows of neoliberal capitalism -- Conclusions : capitalism...

Den weltweiten Erfolg des MP3-Formats hatten sich die Ingenieure des Fraunhofer-Instituts in Erlangen nicht träumen lassen, die Anfang der 1990er-Jahre dieses digitale Audio-Format entwickelt haben. Heute können ca. 7 Milliarden Geräte Musik in diesem Format abspielen - so viel ungefähr, wie...

"Selling Digital Music documents the transition of recorded music on CDs to music as digital files on computers. More than two decades after the first digital music files began circulating in online archives and playing through new software media players, we have yet to fully internalize the...