International Journal of Music Business Research – October 2018, vol. 7, no. 2

Marie Connolly & Alan B. Krueger open the October 2018 issue of the International Journal of Music Business Research (IJMBR) with “The secondary market for concert tickets: theory and evidence”. They model the secondary ticketing market by considering that “performers do not want to be perceived as gouging fans, they choose to underprice tickets and provide consumer surplus to customers” (p. 6).

The second article by Sarita M. Stewart “The development of the artist-fan engagement model” develops a model to explain the relationship between musicians and their fans. It is based on hedonic consumption and parasocial interaction theory and explores how the effects of music and artist drive fan engagement through access or ownership of recorded music.

The third and concluding article of this issue is “Blockchain for Music Business: Preventing the Threat of Disruption” by Wolfgang Senges. This article considers the blockchain as a disruptive power for the music industry that needs a useful framework to prevent damage. Therefore, he recommends a “collaborative approach, agile methods, and transition management … as a toolset to allow for successfully shaping the impact of disrupted processes” (p. 83).

 

Volume 7, no 2, October 2018

Editorial by Peter Tschmuck, pp. 4-5

Marie Connolly & Alan B. Krueger: The secondary market for concert tickets: theory and evidence, pp. 6-51

Sarita M. Stewart: The development of the artist-fan engagement model, pp. 52-82

Wolfgang Senges: Blockchain in the music business: preventing the threat of disruption, pp. 83-106

 

 

 

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Music Business Research 2017 – in retrospective

Dear readers of music business research blog,

The music streaming boom dominated 2017. Market statistics highlight that music streaming revenue has become the most important income stream for the phonographic industry. The US figures for 2016 highlight a tremendous shift from selling music (CDs and downloads) to accessing music (by streaming services). In the US, music consumers paid for the first time more for music access by ad-supported and paid streaming services (US$ 3.9bn) than for CDs, music downloads and ringtones (US$ 3.5bn). In the UK, the massive growth of music streaming revenue also increased overall recorded music sales in 2016. Gains of £103m in the music streaming segment, thus, compensated not just for the loss of £5.8m of physical sales, but also for the £56m decrease in download sales in a year-to-year comparison, as a long-term analysis of the UK recording sales indicates. We can, thus, expect a further massive growth of music streaming revenue in 2017 also on markets with a still strong physical segment such as Germany.

The 8th Vienna Music Business Research Days in Retrospective

The 8th Vienna Music Business Research Days on “Unchaining the Digital Music Business?” were held at the University of Music and Performing Arts Vienna from September 12-14, 2017. Over the past few years new gatekeeping processes in the digital music business have emerged and international music business experts, therefore, highlighted the role of new and old gatekeepers as well as the impact of innovative technologies such as the blockchain on structures and processes in the music business.

Students from Austria, Bardados, Canada, Germany, Serbia and South Africa on a master and PhD level opened the conference with the Young Scholars Workshop presenting and discussing their research findings with reknown academics in the field of music business research (workshop program). The article “Virtual Songwriting: Fostering Creative Processes through ‘Challenge’ and ‘Collaboration'” by Benjamin Schiemer from the Johannes Kepler University Linz in Austria was awarded by an international jury as best paper and is considered to be published in the International Journal of Music Business Research (IJMBR).

Music business researchers from Austria, Australia, Finland, Germany, Italy, Norway, Spain, United Kingdom and the US gathered on the conference track day (September 13) to present their recent findings on the music business and discuss them with the audience. The topics ranged from the economics of music festivals, music piracy, regulatory aspects in the music business and on choreographies to artist-fan engagement, music management, social media in the music business to the impact of blockchain technology on the music industry (see program).

The invited conference day on September 14 highlighted the role of new gatekeepig processes in the digital music bsuines by new and old players of the music industry. Daniel Nordgård from the University of Agder in Kristiansand/Norway held the introductory talk on “New Gatekeeping Processes in the Digital Music Business” and moderated then a panel discussion with Sally Gross (University of Westminster, London), Sarita Stewart (Mike Curb College of Entertainment & Music Business, Belmont University Nashville/USA), Scott Cohen (The Orchard, London and New York) and Stefan Baumschlager (Record Bird, Vienna). In the following presentation George Musgrave from the University of Westminster in London talked on “Control and Autonomy in the Digital Music Business”.

In the afternoon Alan Graham and Wolfgang Senges critically reflected in two keynotes – “The Applications of Blockchain Technology in the Music Business” and “The Benefits and Challenges of Blockchain Technology in the Music Business” the current hype about blockchain technology  and discussed with Carlotta de Ninni (Mycelia for Music project) and Kelly Snook (University of Brighton) its impact on the music business.

Introducing our guests: Wolfgang Senges (contentSphere, Berlin)

The 8th Vienna Music Business Research Days from Sep. 12-14, 2017 are devoted to the question “Unchaining the Digital Music Business?”. Over the past few years new gatekeeping processes in the digital music business have emerged and international music business experts, therefore, highlight the role of new and old gatekeepers as well as the impact of innovative technologies such as the blockchain on structures and processes in the musis biz. Find the program here.

Wolfgang Senges is the keynote speaker on “The Benefits and Challenges of Blockchain Technology in the Music Business” in Joseph-Haydn Hall at the University of Music and Performing Arts Vienna in the afternoon of Sep. 14. He will also moderate the following panel discussion “Unchaining the Digital Music Business?” that highlights the impact of blockchain technology but also other innovative technologies on the digital music business.

Wolfgang Senges is a freelance advisor in music and technology and co-founder of the Blockchain Working Group. Following up to positions in marketing and project management at software providers he co-curated all2gethernow and worked as Co-Head of Programme at Berlin Music Week. For promotional service Songpier he was in charge of marketing. He co-founded Cultural Commons Collecting Society SCE (C3S SCE) where he held the role of an Executive Director. Artists he worked with include Marillion, Martin Atkins, Amanda Palmer, Ingrid Chavez, Zoe Leela and Luci van Org. Core topics of his work are the evolution of technology and its impact on the music industry, and Blockchain in particular. Publications: “Innovative Geschäftsmodelle der Online-Distribution” (2008); “ContentSphere: Readings in Music and Technology” (2008-2017)[1]; “Blockchain als Chance der Verwertungsgesellschaften” (2017). Contact: wolfgang.senges@contentsphere.de

[1] https://www.contentsphere.de/blog

 

 

8th Vienna Music Business Research Days on “Unchaining the Digital Music Business?”

The 8th Vienna Music Business Research Days will be held again at the University of Music and Performing Arts Vienna from September 12-14, 2017. This year’s conference topic is “Unchaining the Digital Music?”. Digitization has brought music streaming to the centre of the music industry’s value-added network and new gatekeeping processes have been established by new and “old” players of music business.

The morning session of the the invited conference day on September 14, therefore, will focus on new gatekeeping process in the digital business with a introductory talk by Daniel Nordgård of University of Agder/Norway and a panel discussion with Sally Gross (Westminster University, London), Sarita Stewart (Mike Curb College of Entertainment & Music Business, Belmont University Nashville/USA), Scott Cohen (The Orchard, London and New York), Jake Beaumont-Nesbitt (International Music Managers Forum, London) moderated by Daniel Nordgård.

George Musgrave of the University of Westminster in London will wrap up the panel discussion with his talk on  “Control and Autonomy in the Digital Music Business” providing a model for new gatekeeping processes in the digital music industry.

 

In the afternoon session the keynotes by Paul Crick (Senior Managing Consultant, Digital Transformation, Media & Entertainment, IBM, Flintham/UK) and Wolfgang Senges (Strategic Consultant in Digital Media, ContentSphere, Berlin) will explain the fundamentals of blockchain technology and how it could disrupt the music industry again. Please read my blogpost “The Music Business in the Blockchain” to learn more about the impact of blockchain technology In the following panel discussion both keynote speakers will discuss the question “Unchaining the Digital Music Business?” by new technologies such as the blockchain with Carlotta de Ninni (Mycelia for Music Foundation, London), Kelly Snook (Professor of Media Arts Technology, University of Brighton/UK), Peter Harris (resonate, Berlin).

On September 12, the VMBR-Days 2017 will traditionally be opened by the  Young Scholars’ Workshop. Master and PhD students from Austria, Barbados, Canada, Germany, Serbia and South Africa will present their research result in a closed workshop to an international group of highly regarded music business researchers.

The next conference day on Sep. 13 will be devoted to a broad range of music business research papers submitted by academics from all around the globe.

Find the conference’s program – including registration details – here: https://musicbusinessresearch.wordpress.com/vienna-music-business-research-days-2/