Supply responses to digital distribution: Recorded music and live performances
► We examine the impact of internet file-sharing on sales of recorded music and sales of tickets to live performances. ► We document evidence that file-sharing increased demand for live performances. ► We show that the effect is most pronounced for small artists, and that the effect is negligible fo...
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| Veröffentlicht in: | Information economics and policy 2012-03, Vol.24 (1), p.3-14 |
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| container_title | Information economics and policy |
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| creator | Mortimer, Julie Holland Nosko, Chris Sorensen, Alan |
| description | ► We examine the impact of internet file-sharing on sales of recorded music and sales of tickets to live performances. ► We document evidence that file-sharing increased demand for live performances. ► We show that the effect is most pronounced for small artists, and that the effect is negligible for large, well-known artists.
Technologies that enable free redistribution of digital goods (e.g., music, movies, software, books) can undermine sellers’ ability to profitably sell such goods, which raises concerns about the future development of socially valuable digital products. In this paper we explore the possibility that broad, illegitimate distribution of a digital good might have offsetting effects on the demand for complementary non-digital goods. We examine the impact of file-sharing on sales of recorded music and on the demand for live concert performances. We provide evidence suggesting that while file-sharing reduced album sales, it simultaneously increased demand for concerts. This effect is most pronounced for small artists, perhaps because file-sharing boosts awareness of such artists. The impact of file-sharing on large, well-known artists’ live performances is negligible. |
| doi_str_mv | 10.1016/j.infoecopol.2012.01.007 |
| format | Article |
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Technologies that enable free redistribution of digital goods (e.g., music, movies, software, books) can undermine sellers’ ability to profitably sell such goods, which raises concerns about the future development of socially valuable digital products. In this paper we explore the possibility that broad, illegitimate distribution of a digital good might have offsetting effects on the demand for complementary non-digital goods. We examine the impact of file-sharing on sales of recorded music and on the demand for live concert performances. We provide evidence suggesting that while file-sharing reduced album sales, it simultaneously increased demand for concerts. This effect is most pronounced for small artists, perhaps because file-sharing boosts awareness of such artists. 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Technologies that enable free redistribution of digital goods (e.g., music, movies, software, books) can undermine sellers’ ability to profitably sell such goods, which raises concerns about the future development of socially valuable digital products. In this paper we explore the possibility that broad, illegitimate distribution of a digital good might have offsetting effects on the demand for complementary non-digital goods. We examine the impact of file-sharing on sales of recorded music and on the demand for live concert performances. We provide evidence suggesting that while file-sharing reduced album sales, it simultaneously increased demand for concerts. This effect is most pronounced for small artists, perhaps because file-sharing boosts awareness of such artists. The impact of file-sharing on large, well-known artists’ live performances is negligible.</abstract><cop>Amsterdam</cop><pub>Elsevier B.V</pub><doi>10.1016/j.infoecopol.2012.01.007</doi><tpages>12</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0167-6245 |
| ispartof | Information economics and policy, 2012-03, Vol.24 (1), p.3-14 |
| issn | 0167-6245 1873-5975 |
| language | eng |
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| source | Elsevier ScienceDirect Journals Complete; PAIS Index |
| subjects | Concerts Demand Digital distribution Digital technology Economic analysis File sharing Live performance Media economics Music Music industry Music performance Musical recordings Musicians Peer to peer computing Performing arts Piracy Popular culture Profitability Sales Sound recordings Studies |
| title | Supply responses to digital distribution: Recorded music and live performances |
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