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Volume 11, no 2, October 2022
Editorial by Peter Tschmuck, p. 45
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Posts Tagged ‘Peter Tschmuck
In July 2021, the fully updated 2nd edition of “The Economics of Music” has been published by Agenda Publishing, which was reviewed by the eminent cultural economist David Throsby in the TIMES Literary Supplement: https://www.the-tls.co.uk/articles/the-music-business/
Promotional text:
The music industry is one of the most dynamic business sectors. It has had to evolve and adapt to continually changing technologies and business models. Its latest challenge has been Covid-19 and the loss of live music at a time when live performance outstrips music sales as the primary source of income for today’s artists. The second edition of this much used introduction to the economic workings of the music business explores the impact of the pandemic at every level of the sector and considers how the business model may need to change going forward as different stakeholder positions shift. The new edition also examines new trends in the music industry such as the increasing dominance of tech companies and data, the increasing importance of CMOs as market players, the increased role of artist management, which has impacted on new business contracts, as well as changes to how we use music in our everyday lives and how this impacts on new entrepreneurial behaviours around music.
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The Economics of Music SECOND EDITION
Peter Tschmuck
Hardback €79,71 | £60.00 | $90.00 ISBN 9781788214261
Paperback €26.57 | £18.99 | $30.00 ISBN 9781788214278
e-book €18,38 | £18.99 | $30.00 ISBN 9781788214292
264 pages | 210 x 148mm | 08 July 2021
Series: Economics of Big Business
Call for chapters for an edited volume to be submitted to Springer’s Music Business Research Series
Editors
Guy Morrow (University of Melbourne, Australia)
Daniel Nordgård (University of Agder, Norway)
Peter Tschmuck (University of Music and Performing Arts, Vienna, Austria)
COVID-19 had, and is having, a global impact on health, communities and the economy. As a result of COVID-19, music festivals, gigs and events were cancelled or postponed across the world. This directly affected the incomes and practices of many artists and the revenue for many entities in the music business. Despite this crisis however, there are pre-existing trends in the music business – the rise of the streaming economy, technological change (virtual and augmented reality, blockchain etc.), new copyright legislation etc. Some of these trends were impacted by the COVID-19 crisis while others were not.
This edited volume will therefore be structured in two parts. The first part will feature more general perspectives and the second will focus on the impact of COVID-19 on the music business. This edited volume thus welcomes chapters that address issues within the music business before, during and after COVID-19.
The volume will be composed of 8000 word chapters (including footnotes and references), an Introduction by the editors and an Afterword.
– Deadline for submission of abstracts (300-400 words) and bio notes (100 words): 1 December 2020
– Notification of acceptance: 15 January 2021
– Book proposal submission: 20 January 2021
– Book contracted: February 2021
– First book chapter draft: 30 July 2021
Initial expressions of interest, enquiries and/or abstracts should be submitted to editors: Guy Morrow (guy.morrow@unimelb.edu.au), Daniel Nordgård (daniel.nordgard@uia.no) and Peter Tschmuck (Tschmuck@mdw.ac.at)
Today on July 21st, national Australian radio station ABC broadcast a longer interview by Peter Tschmuck on the “Future of Music” in “The Music Show” presented by Andrew Ford. This episode will be repeated on Saturday and Sunday 9pm, Wednesday and Thursday 11pm (Australian eastern time).
http://www.abc.net.au/radionational/programs/musicshow/the-future-of-music/10018986
The first article of the October 2017 issue of the International Journal of Music Business Research (IJMBR), “Innovation in the arts – lessons from the creation of Dalhalla” by Per Frankelius of Linköping University/Sweden, is an insightful case study of the Dalhalla opera festival in Sweden that was initiated and organised by the opera singer and retired radio producer Margareta Dellefors. The second article, “Collaborating to compete: the role of cultural intermediaries in hypercompetition” by George Musgrave of University of Westminster in London, employs an innovative methodological approach to examine the role that cultural intermediaries, such as radio DJs and journalists, play in the lives of three unsigned UK urban music artists. The concluding article of this journal issue, “Status quo and perspectives of licensing synchronisation rights” by Stephan Klingner and Julia Friedrich of Leipzig University/Germany, highlights the current state of music licencing and identifies the needs from the users’ perspective. The findings are drawn from interviews with representatives of synchronisation rights licensing platforms and production libraries. The book review by Dennis Collopy of “The Economics of Music” by Peter Tschmuck rounds up the IJMBR’s October 2017 issue.
Volume 6, no 2, October 2017
Editorial by Peter Tschmuck, pp. 4-5
Per Frankelius: Innovation in the arts – lessons from the creation of Dalhalla, pp. 6-40
Book review by Dennis Collopy: The Economics of Music by Peter Tschmuck, pp. 87-91
In collaboration with the Austrian and Viennese Chamber of Commerce an additional event of the 8th Vienna Music Business Research Days 2017 wil take place in Gewerbehaus of the Austrian Chamber of Commerce (3., Rudolf Sallinger Platz 1) on September 13 from 19:00-21:00. After the book presentation “The Economics of Music” by Peter Tschmuck, Peter Jenner (Sincere Management, London), Sally Gross (University of Westminster, London), Hannes Tschürtz (ink music, Vienna) and Alexander Hirschenhauser (VTMÖ – Austrian Indie Label Association, Vienna) discuss on “The Economics of Music Streaming – Revenue Streams for Musicans and Music Producers from Spotify & Co?”
Entrance is free, please register here: Austrian Chamber of Commerce (WKO)
The Economics of Music Streaming – Revenue Streams for Musicans and Music Producers from Spotify & Co?
September 13, 2017
19.00-21.00
Gewerbehaus
Große Dachterrasse
Rudolf Sallinger Platz 1, 1030 Wien
September 13, 2017
19.00-21.00
Gewerbehaus
Große Dachterrasse
Rudolf Sallinger Platz 1, 1030 Wien
in collaboration with 
and 
My new book – The Economics of Music – that has been recently published by Agenda Publishing will be presented to the public in a MusicTank event at the University of Westminster from 7:00pm-9:30pm on June 15, 2017. After a short introduction to the book , I will discuss the question “The Economics of Streaming: Full Stream Ahead?” with Sally Gross (University of Westminster), Peter Jenner (Sincere Managment) and Mark Mulligan (Midea Research Consulting) chaired by Keith Harris (Keith Harris Music Ltd.).
Location: Fyvie Hall, University of Westminster, 309 Regent Street, London, W1B 2UW
Date: June 15, 7:00pm to 9:30pm
Click here for more information: MusicTank webpage
Peter Tschmuck, 2017, The Economics of Music. Newcastle-upon-Tyne: Agenda Publishing.
Hardback £55.00 | $70.00 ISBN 9781911116073
Paperback £16.00 | $23.00 ISBN 9781911116080
e-book £16.00 | $23.00 ISBN 9781911116097
Buy a book copy here: Agenda Publishing
My new book “The Economics of Music” is now avaiable in the bookstores. “The Economics of the Music” is a concise, scientifically grounded textbook on the economic fundamentals of the music industry in particular and the music economy in general. It aims to highlight the economic principles that govern the music business by analysing music as an economic good that is protected by copyright law. The book therefore includes a chapter on the microeconomics of music as well as a chapter on the economics of music copyright that is mainly based on findings of institutional economics. The main parts of the book focus on the different sectors of the music industry – music publishing, sound recording, the live music market, and secondary markets such as media and advertising – in order to explain the network of actors in those sectors and how these markets are organised and linked. The music labour markets are treated in a separate chapter. It highlights different income streams for musicians, occupational careers in the music business, and music-related occupations in the wider music economy (education, advocacy, lobbying, etc.). Since digitization has a tremendous impact on the music business, a final chapter on the “Digital Music Business” highlights the new rules, structures, and processes that were established by the digital revolution in order to foreground the structural break the music economy underwent. The last chapter, therefore, refers back to the opening chapter on “A Short Economic History of the Music Business,” which provides an overview from music patronage to the current digital music economy.
Peter Tschmuck, 2017, The Economics of Music. Newcastle-upon-Tyne: Agenda Publishing.
Hardback £55.00 | $70.00 ISBN 9781911116073
Paperback £16.00 | $23.00 ISBN 9781911116080
e-book £16.00 | $23.00 ISBN 9781911116097
Buy a book copy here: Agenda Publishing
Continue reading ‘Book review: The Economics of Music by Peter Tschmuck’
“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.
For a more detailed book review please click here for further reading.
Continue reading ‘Book Review: Music Business and the Experience Economy. The Australasian Case’
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