Posts Tagged ‘Rockonomics


International Journal of Music Business Research – April 2020, vol. 9, no. 1

The April issue 2020 of the International Journal of Music Business Research (IJMBR) gathers for the first time four full articles on a broad variety of music business research topics. The journal issue opens with “Music marketing in the digital music industries – An autoethnographic exploration of opportunities and challenges for independent musicians” by Shane Murphy of Torrens University in Sydney/Australia. Through the use of an autoethnographic research method, Shane Murphy provides insights from the micro-perspective of an independent musician into the major major structural transformations that have occurred in the music business post-digitisation.

Tim Metcalfe & Nicolas Ruth (Goldsmiths College in London/UK) contribute the second article “Beamer, Benz, or Bentley: Mentions of products in hip hop and R&B music”. According to this article, cars, fashion and alcohol are the types of products most frequently mentioned in hip hop and R&B lyrics.

The third article by Dexter Purnell (MacMurray College, Jacksonville/US) “Closing the Gap: Understanding the Perceptual Differences Between Generations Regarding Music Streaming Technology” – focuses on the impact of music streaming technology and argues that, whilst music streaming has become the preferred method for recorded music consumption, there appears to be generational differences in the utilisation rate of the technology.

The fourth article “Where the magic people gathered The Role of Private Members Clubs in the Contemporary Music Economy” by Sam Edrisi (King’s College London and University of Westminster, London/UK) is the award winning paper of the Young Scholars’ Workshop 2019. It explores the increased popularity of a new type of private member club aimed at a crowd, which identifies with entrepreneurialism, independence, and creativity.

This issue rounds up with a book review by Daniel Nordgård of “Rockonomics: A Backstage Tour of What the Music Industry Can Teach Us about Economics and Life” by Alan B. Krueger, who sadly passed away in March 2019. “Rockonomics” was Alan’s last book in an outstanding body of works on economic issues related to education, labor markets and income distribution.


Volume 9, no 1, April 2020

Editorial by Dennis Collopy & Guy Morrow, pp. 4-6

Shane Murphy: Music marketing in the digital music industries – An autoethnographic exploration of opportunities and challenges for independent musicians, pp. 7-40

Tim Metcalfe & Nicolas Ruth: Beamer, Benz, or Bentley: Mentions of products in hip hop and R&B music, pp. 41-62

Dexter L. Purnell: Closing the Gap: Understanding the perceptual differences between generations regarding music streaming technology, pp. 63-80

Sam Edrisi: WHERE THE MAGIC PEOPLE GATHERED: The role of Private Members Clubs in the contemporary music economy, pp. 81-117

Book review by Daniel Nordgård: Rockonomics: A backstage tour of what the music industry can teach us about economics and life by Alan B. Krueger, pp. 118-120




Introducing our guests: Alan Krueger (Princeton University)

“Music Life Is Live” is the main topic of the 9th Vienna Music Business Research Days from Sep. 12-14, 2018. In presentations and discussions music business representatives and music business researchers focus this time on the political economy of music festivals and the economics of the international concert and touring business. Find the program here.

The former Chairman of President Barack Obama’s Council of Economic Advisers, Professor Alan Krueger holds a keynote on “The Economics of the International Live Music Business” in Joseph Haydn-Hall at the University of Music and Performing Arts Vienna on Sep. 14 from 15:00-15:45 by video conference from Princeton University.

Alan Krueger is the Bendheim Professor of Economics and Public Affairs at Princeton University.  He has published research on the gig economy, minimum wage, value of education, income inequality, terrorism, and Rockonomics. Since 1987 he has held a joint appointment in the Economics Department and Woodrow Wilson School at Princeton University.

Professor Krueger served as Chairman of President Barack Obama’s Council of Economic Advisers and a Member of the Cabinet from 2011 to 2013.  He also served as Assistant Secretary for Economic Policy and Chief Economist of the U.S. Department of the Treasury in 2009-10 and as Chief Economist of the U.S. Department of Labor in 2004-05.

He was elected Vice President of the American Economic Association in 2016, and is the founding President of the Music Industry Research Association (MIRA). He was elected a Fellow of the Econometric Society in 1996, and a fellow of the Society of Labor Economists in 2005. He was awarded the Kershaw Prize by the Association for Public Policy and Management in 1997 (for distinguished contributions to public policy analysis by someone under the age of 40) and the Mahalanobis Memorial Medal by the Indian Econometric Society in 2001. In 2002 Professor Krueger was elected a fellow of the American Academy of Arts & Sciences, and in 2003 he was elected a fellow of the American Academy of Political and Social Science. He was awarded the IZA Prize in Labor Economics in 2006.  He was awarded the Moynihan Prize by the American Academy of Political and Social Science in 2017.

He received a B.S. degree from Cornell University in 1983, and A.M. and Ph.D. in Economics from Harvard University in 1987.




International Journal of Music Business Research – April 2016, vol. 5, no. 1

The new issue features three excellent unique and diverse papers that shed fresh and novel insights on the modern music business and this is exemplified by “Rockonomics Revisited”, as well as “Innovation Diffusion” and “The Distinctiveness of Electronic Dance Music”.

Rockonomics Revisited” by Adam Fer and Barbara Baarsma of the University of Amsterdam is taking its reference point as Krueger’s well-known 2005 “Rockonomics” paper that examined the complimentary relationship between declining record sales and rising ticket prices. The “Innovation Diffusion” paper by Alexander Brem (University of Southern Denmark) and Michael Reichert (Helmut Schmidt University Hamburg) investigates the importance of product and organisational Innovation particularly in a music industry with historical failure rates of 90 percent. “The distinctiveness of Electronic Dance Music” by Job van der Velde and Erik Hitters of Erasmus University Rotterdam begs the question whether the Dance (or EDM) genre is distinctive relative to existing music industries structures. They argue the differences between the EDM labels and rest of the music industry can be traced to the embedded digital technologies, the rise of independent labels filling the post-Napster vacuum left by the major labels and the fact the new entrants focus on live as opposed to recorded music revenues. A book review by Daniel Nordgård on “Business Innovation and Disruptions in the Music Industry”, edited by Patrik Wikström and Robert DeFillippi, complements for the first time the current IJMBR issue.


Volume 5, no 1, April 2016

Editorial by Dennis Collopy, pp. 4-5

Adam Fer & Barbara Baarsma: Rockonomics revisited: The rise of music streaming services and the effect on the concert industry, pp. 6-35

Alexander Brem & Michael Reichert: Innovation diffusion in B2B relations: New song diffusion in radio broadcasting, pp. 36-58

Job van der Velden & Erik Hitters: The distinctiveness of Electronic Dance Music. Challenging mainstream routines and structures in the music industries, pp. 59-84

Book review by Daniel Nordgård: Business innovation and disruptions in the music industry (eds. Wikström, P. & DeFillippi, R.), pp. 85-90


March 2023




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