A Review of Economic Properties of Music Distribution

Topics:
Music
Tags:
Internet,
Massachusetts Institute Of Technology,
Music,
Music Distribution,
Property
Source:
Massachusetts Institute of Technology

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Overview: This paper looks into the question of economics of music distribution. The issue is interesting because music as a kind of merchandise enjoys many unique properties, and these properties have not been thoroughly addressed by economic theory. The advent of the Internet further complicates the problem; music, originally a very representative information good, has its economies unleashed by the Internet profoundly. The paper introduces the history of music publishing and copyright licensing, providing the background for a better understanding of the music industry. It reviews the literature in industrial economics related to legal use of copyrighted materials.

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Format: PDF | Size: 75KB | Date: Nov 2002 | Pages: 19

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