International Journal of Music Business Research – April 2012, vol. 1, no. 1

One might wonder if there is a need for an academic journal on the music business. Several high-profile trade publications on the music business are published regularly and in the torrent of academic journals one can find titles that focus on popular music, the creative industries, cultural economics and arts management. Nevertheless, there is a gap for a publication wholly dedicated to the academic research of music business and industry topics. The International Journal of Music Business Research (IJMBR) tries to fill this gap by providing a new platform for publication of articles on the phenomena of the music economy from different scientific perspectives.

The first issue of the IJMBR reflects a wide range of music business research topics that fit within the scope of the journal’s remit. In a theoretical piece, Patrik Wikström argues that the economic value created from recorded music is increasingly based on context rather than on ownership and that the focus of music distribution should shift from download and streaming to contextual models of music experience. The second paper is contributed by Pinie Wang, who highlights, in a historical analysis, the complex inter-relationship between the US media, advertising and music industries. Martin Kretschmer then addresses his contribution to the recent EU-copyright term extension for sound recordings, proposing that copyright interests should be transferable only for an initial term of 10 years, after which they will revert to the creator. This should lead to a remarkable decrease in orphaned work and should foster creativity and innovation.

Click here for the first issue of the International Journal of Music Business Research (IJMBR)

If you want to submit an article for publication in the IJMBR please send it to: music.business.research@gmail.com

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The Second “Vienna Music Business Research Days” in Retrospective

The second “Vienna Music Business Research Days”, which were held at the University of Music and Performings Arts Vienna from June 8-10, 2011, were devoted to “New Music Distribution Models”. Therefore, the economic potentials, which are involved in the new music distribution models, were highlighted. In addition, the impact of music downloading, music streaming and cloud-based music models on musicians and music consumers was also discussed.

Beyond the speeches and panel discussion with music industry experts, a young scholars’ workshop was organized the first time. PhD and master students presented the results of their research on “Innovations in Music Business” and discussed them with advanced academics in this field.

In the following summary of the second “Vienna Music Business Research Days” most of the speeches and discussion of June 8-9 can be downloaded in audio format, in printed version and as presentations.