Book Review: Music Business and the Experience Economy. The Australasian Case

“Music Business and the Experience Economy” is the first book on the music business in Australasia from an academic perspective. In a cross-disciplinary approach, the authors deal with a wide-range of topics concerning the production, distribution and consumption in the digital age. The interrelationship of legal, aesthetic and economic aspects in the production of music in Australasia is also highlighted as well as the emergence of new business models, the role of music file sharing, and the live music sector. In addition, the impact of the digital revolution on music experience and valuation, the role of music for sports and branding, and last but not least the developments of tertiary music education, are discussed from different perspectives.

Peter Tschmuck, Philip L. Pearce and Steven Campbell (eds.), 2013, Music Business and the Experience Economy. The Australasian Case. Heidelberg & New York: Springer, ISBN: 978-3-642-27897-6.

For a more detailed book review please click here for further reading.

International Journal of Music Business Research – April 2013, vol. 2, no. 1

The new issue of the International Journal of Music Business Research is now online. You can read an article by Michael Huber on “Music Reception in the Digital Age – Empirical Research on New Patterns of Music Behaviour” based on a representative survey of music consumption in Austria. In the article “Analysing the Popular Music Audience. Determinants of Participation and Frequency of Attendance” Juan Montoro-Pons et al. show that concert attendance in Spain is driven by by cultural capital accumulated through media participation. Finally, John Fangjun Li highlights the tremendously growing digital music industry in China in a contribution entitled “The Development of the Digital Music Industry in China during the First Decade of the 21st Century with Particular Regard to Industrial Convergence”.

International Journal of Music Business Research, April 2013, vol. 2, no. 1

How Bad is Music File Sharing? – Part 25

The Joint Research Centre (JRC) of the EU Commission recently published a study entitled “Digital Music Consumption on the Internet: Evidence from Clickstream Data” with remarkable results. The authors, Luis Aguiar and Bertin Martens, concluded that music file sharing as well as music streaming have a significant positive impact on legal music downloads. The study is based on Clickstream data from Nielsen NetView. The database contains all the clicks of 25,000 Internet users in France, Germany, Italy, Spain and the United Kingdom for the calendar year 2011. In the following the main finding “(…) that digital music piracy does not displace legal music purchases in digital format” will be further investigated.

Music Experience and Behaviour in Young People in the UK

The study Music Experience and Behaviour in Young People is the third survey of its kind – after 2008 and 2009 – for 2011. After a presentation of the key findings of the study in the 3^rd Vienna Music Business Research Days, it’s now an honour and pleasure to exclusively present the results of the current study on the blog. The 2011 study is based on a comprehensive online survey of 1,888 of 14-24 year olds across the UK. The main conclusion of the current research is “(…) that when it comes to music and young people, everything is different, and yet everything is still the same”; compared to 2008 and 2009.

The key findings of the 2011 study are:

• The computer is no longer their main entertainment hub.
• Digital music collections are still huge.
• Digital music collections still contain 50 percent “free” music.
• Ownership is still important.
• Music is no longer the most popular entertainment type.
• There remains a very clear “value gap”.
• The popularity of file sharing has changed significantly.
• The 14-25 years olds are prepared to pay for digital music.
• But there are still challenges for streaming music online.
• Digital music consumption is still complex.
• They have a clear understanding and grasp of what copyright law is.

Please read further if you want to know more about the research results.

Money from Music – a study on musicians’ revenue in the U.S.

Peter DiCola of Northwestern University School of Law and partner in the “Artists Revenue Streams”-project of the “Future of Music Coalition” has recently published a working paper entitled “Money from Music: Survey Evidence on Musicians’ Revenue and Lessons About Copyright Incentives”, which also will be published in the Arizona Law Review. Based on data of the “Artists Revenue Streams”-project, DiCola analyzes different income streams of musicians in the U.S. He highlights that musicians differ in earning money from music relying on several revenue sources. The main finding is that the largest revenue category for musician in the U.S. on average is live performance, which accounts for 28% of the overall annual income from music. Another important income source is teaching (22%), followed by salaries from orchestras, bands and chamber ensembles (19%) and session work (10%). Revenue from songwriting/composing and sound recordings is less important, accounting for 6% of the annual music income each.

For a summary of the study, please click here

1st Berlin Music Video Awards

The “Berlin Music Video Awards” will be awarded for the first time in Berlin from April 24-28, 2013. This event provides a perfect platform for musicians and labels to get in touch with producers of music videos. On the first two days the public and representatives of the music and music video industry will vote on their favourite videos in several categories.  On the next two days the prizes in several categories will be awarded in a ceremony in Villa Neukölln in Berlin. In the last day’s closing event with live performances, guests of honour and journalists of renowned magazines the prize for best video production will be awarded. The call for video submission is open until March 15, 2013: http://www.facebook.com/events/331761466931698/?ref=ts&fref=ts 

Learn more about the “Berlin Music Video Awards” here: http://www.berlinmva.com/

Music Business Research 2012 – in retrospective

Dear friends of the music business research blog. Thank you for visiting the blog in 2012. It was again a very eventful year for the music business/industry. The US and EU regulators cleared the merger of the recorded music arms of Universal and EMI. The Anschutz Group announced the selling of AEG, the world’s second largest live music company. Apple’s iTunes is virtually available worldwide after launching the music download portal in Russia, Turkey, Turkey, India and in other 52 countries. Music streaming service Spotify launched in Canada, Australia, New Zealand, Ireland and Luxembourg, operating now in 17 countries, whereas French based rival Deezer raised US$ 130 million from Warner Music Group’ owner Access Industries. And U.S. singer/songwriter Amanda Palmer managed to raise more than US$ 1.0 million for her new album on Kickstarter crowdfunding platform – to name only a few events.

However, from a music business research perspective, one of the highlights were the Third Vienna Music Business Research Days on “New Music Consumption Behaviour” held at University of Music and Performing Arts Vienna. Recent studies on music consumption behavior in the the UK, Austria and in the US were presented and the graduaded response scheme of the French authority for protection of copyrights on the Internet (HADOPI) was discussed. Further, the best paper of the Young Scholars’ workshop was awarded for the first time: “The ‘artepreneur’: A model for future success and personal fulfillment for artists” by Maike Engelmann, Lorenz Grünewald and Julia Heinrich of Hanover University of Music, Drama and Media. As a reward the paper was published in the October issue of the International Journal of Music Business Research (IJMBR), whose first issue was already published in April 2012:

Volume_1,_no_2,_October_2012

Editorial by Dennis Collopy, Peter Tschmuck and Carsten Winter, pp. 4-6

Jari Salo: Customer Experience Management in the Music Industry Online Communities, pp. 7-30

Maike Engelmann, Lorenz Grünewald and Julia Heinrich: The New Artrepreneur – How Artists Can Thrive on a Networked Music Business, pp. 31-45._ (awarded best paper of the Young Scholars’ Workshop of the 3rd Vienna Music Business Research Days 2012)

Carsten Winter: How Media Prosumers Contribute to Social Innovation in Today’s New Networked Music Culture and Economy, pp. 46-73

 

Volume_1,_no_1,_April_2012

Editorial by Peter Tschmuck and Dennis Collopy, pp. 4-6

Patrik Wikström: A Typology of Music Distribution Models, pp. 7-20

Pinie Wang: Music and Advertising. The Influence of Advertising and the Media on the Development of the Music Industry in the USA, pp. 21-43

Martin Kretschmer: Copyright Term Reversion and the “Use-It-Or-Lose-It” Principle, pp. 44-53

In the following you can find all academic theses & papers, which have been added for downloading in 2012. In addition find a list of important music business/industry studies and books published last year. You can also find a top-10-list of the most visited blog-posts and some more information.

 

A Brief History of China’s Music Industry – Part 4: The Contemporary Digital Music Industry in China

The music industry of China is an unknown continent from a Western music business research perspective. Therefore it is very meritorious that John Fangjun Li, a lecturer and PhD candidate (2008-2012) at Macquarie University, provides one of the first overviews of the history of China’s music industry for an international readership. In a series of four blog contributions he highlights the development of the recorded music industry in more than 100 years from the final period of Imperial China to the current Peoples Republic of China. He gives an overview of the impact of Western major recorded music companies in the first half of the 20th century and of the emergence of serveral state operated but also privately owned Chinese companies after the Great Cultural Revolution (1966-1976) in Shanghai, Guangzhou, Beijing and other large cities. He also highlights the current digital music business in China that has been dominating the recorded music industry since the the mid 2000s.

In the fourth and final part of the series on China’s music industry, John Fangjun Li highlights the current situation in the recorded music industry in China, which is totally occupied by digital online and mobile music services.

A Brief History of China’s Music Industry – Part 3: The Recorded Music Industry in China From the 1950s to the Early 2000s

The music industry of China is an unknown continent from a Western music business research perspective. Therefore it is very meritorious that John Fangjun Li, a lecturer and PhD candidate (2008-2012) at Macquarie University, provides one of the first overviews of the history of China’s music industry for an international readership. In a series of four blog contributions he highlights the development of the recorded music industry in more than 100 years from the final period of Imperial China to the current Peoples Republic of China. He gives an overview of the impact of Western major recorded music companies in the first half of the 20th century and of the emergence of serveral state operated but also privately owned Chinese companies after the Great Cultural Revolution (1966-1976) in Shanghai, Guangzhou, Beijing and other large cities. He also highlights the current digital music business in China that has been dominating the recorded music industry since the the mid 2000s.

This part on the Chinese music industry by John Fangjun Li covers the second half of the 20th century after the emergence of the Peoples Republic of China in 1949 over the period of the Great Cultural Revolution (1966-1976), China’s Economic Reform and Opening-up Policy until the current digital music industry in China.

A Brief History of China’s Music Industry – Part 2: The Recorded Music Industry in China From the Early 1900s to the Late 1940s

The music industry of China is an unknown continent from a Western music business research perspective. Therefore it is very meritorious that John Fangjun Li, a lecturer and PhD candidate (2008-2012) at Macquarie University, provides one of the first overviews of the history of China’s music industry for an international readership. In a series of four blog contributions he highlights the development of the recorded music industry in more than 100 years from the final period of Imperial China to the current Peoples Republic of China. He gives an overview of the impact of Western major recorded music companies in the first half of the 20th century and of the emergence of serveral state operated but also privately owned Chinese companies after the Great Cultural Revolution (1966-1976) in Shanghai, Guangzhou, Beijing and other large cities. He also highlights the current digital music business in China that has been dominating the recorded music industry since the the mid 2000s.

In part 2, John Fangjun Li highlights the first years of the emerging music industry in China and discusses the role of Western music industry conglomerates until the late 1940s when the Peoples Republic of China was founded.