Economic Analysis of Music Copyright: Income, Media and Performances - Image 1

£80.38

Springer Economic Analysis of Music Copyright: Income, Media and Performances

Name: Economic Analysis of Music Copyright: Income, Media and Performances
Brand: Springer
Price: 83.5 GBP
Availability: InStock

Economic Policy & Development

Price History & Forecast

Last 84 days • 84 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 84 days • 3 price levels

Days at Price

Current Price

Price Analysis

Most common price: £84 (33 days, 39.3%)

Price range: £80 - £84

Price levels: 3 different prices over 84 days

Description

Chris Anderson's initial `Long Tail' analysis was released in 2004 just as the wave of mergers and acquisitions was sweeping the music publishing and radio industries. Music industry executives began looking for Anderson’s ‘Long Tail’ effect and with it the implied redistribution of royalty income from popular songs to long dormant and forgotten works in their catalogs. These music publishers had hoped to further maximize the value of their copyright assets (lyrics and melody) in their existing music catalogs as the sale of compact disks diminished, and consumers switched their purchasing and listening habits to new digital formats in music technology such as the iPod. This book deals with the measurement of skewness, heavy tails and asymmetry in performance royalty income data in the music industry, an area that has received very little academic attention for various reasons. For example, the pay packages, including signing bonuses, of some `superstars' in the sports world are often announced when they join a team. In the art world, the value of an artist's work is sometimes revealed when the work is sold at auction. The main reason it is difficult to study art and culture from a royalty income perspective is that most of the income data at the individual level is often proprietary, and generally not made publicly available for economic analysis. As a Senior Economist for the American Society of Composers, Authors, and Publishers (ASCAP) using both internal and licensed external proprietary data, the author found that the so-called `superstar effects' are still present in performance royalty income. Success is still concentrated on a relatively few copyright holders or members who can be grouped into `heavy tails' of the empirical income distribution in a departure from Anderson's `long tail' analysis. This book is divided into two parts. The first part is a general introduction to the many supply and demand economic factors that are related to musicperformance royalty payments. The second part is an applied econometrics section that provides modeling and in-depth analysis of income data from a songwriter, music publisher and blanket licensing perspective. In an era of declining income from CD album sales, data collection, mining and analysis are becoming increasingly important in terms of understanding the listening, buying and music use habits of consumers. The economic impact on songwriters, publishers, music listeners, and Performance Rights Organizations (PROs) is discussed and future business models are evaluated. The book will appeal to researchers and students in cultural economics, media and statistics as well as general readers and professionals in the music publishing industry.

Key Features

New

Mint Condition

Dispatch same day for order received before 12 noon

Guaranteed packaging

No quibbles returns

Product Specifications

Brand: Springer
Format: hardcover
ASIN: 1441963170
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain: Amazon UK
Release Date: 12 August 2010
Listed Since: 22 March 2010

Barcode

No barcode data available

Springer Economic Analysis of Music Copyright: Income, Media and Performances

Price History & Forecast

Price Distribution

Price Analysis

Description

Key Features

Product Specifications

Barcode

Similar Products You Might Like

Music in the Marketplace: A social economics approach (Routledge Advances in Social Economics)

The Global Music Industry: Three Perspectives

The Global Music Industry: Three Perspectives

The Psychology of Musical Development

Music and Time: Psychology, Philosophy, Practice

The Music Business and Recording Industry: Delivering Music in the 21st Century

The Music Business and Recording Industry: Delivering Music in the 21st Century

The Oxford Handbook of Assessment Policy and Practice in Music Education, Volume 2: And Practice in Music Education (Hardback

Routledge What is Music Production? - Professional Guide

The Production and Consumption of Music in the Digital Age: 58 (Routledge Studies in Human Geography)

Conceptualizing Music: Cognitive Structure, Theory, and Analysis (AMS Studies in Music)

Online Music Distribution - How Much Exclusivity Is Needed?: A Study of International, European, German and U.S. Copyright Systems and Their ... Studies on Innovation and Competition, 12)

Contemporary World Musicians

Play it Again: Cover Songs in Popular Music - Routledge Book

Handbook of Music and Emotion: Theory, Research, Applications

The Music Practitioner: Research for the Music Performer, Teacher and Listener

Introduction to the Music Industry: An Entrepreneurial Approach, Second Edition

The Passion for Music: A Sociology of Mediation (Music and Change: Ecological Perspectives)

American Epic: The Collection (Box Set)

The Cambridge History of World Music

Music by Numbers: The Use and Abuse of Statistics in the Music Industry (Contemporary Music Making and Learning)

The Economics of Art and Culture

China’s Music Industry Unplugged: Business Models, Copyright and Social Entrepreneurship in the Online Platform Economy

Semionauts of Tradition: Music, Culture and Identity in Contemporary Singapore