![]() ![]() Die Ökonomie des digitalen Musikbusiness In essence, the behavioural incentives underpinning free music downloading are the effects of ‘unwilling to pay’ (market substitution), ‘hear before buying’ (market creation), ‘not wanting to buy whole album’ (market segmentation), ‘not available in the CD format or on electronic pay-sites (market creation)’.ĭas Buch stellt die ökonomischen Zusammenhänge und Prozesse in der Musikwirtschaft dar und beleuchtet im Speziellen das Musikverlagswesen, die phonografische Industrie, den Live-Musiksektor, sekundäre Musikmärkte (Medien, Werbung, Branding, Merchandising, Games), Musikarbeitsmärkte sowie die ökonomischen Hintergründe des digitalen Musikbusiness. Thus, the market substitution effect between freely acquired music and purchased music is smaller than the market creation and market segmentation effect from free music downloading. We find that those who participate in free music downloading and P2P file-sharing do not purchase more or less music compared with those who do not engaged in such activities, but that, indeed, very active file-sharers purchase more music relative to file-sharers who download fewer songs. ![]() The analysis uses representative micro-data from the Canadian population. This study measures the extent to which free music downloads, including the use of P2P file sharing networks, act as substitutes or complements to music purchase in markets for CDs and electronic delivered music (such as MP3).
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