While it would seem instinctive to offer up some netiquette wisdom from the tech set down in Austin (they packed the Texas capital for SXSW Interactive), we decided instead to pick some band kids’ brains from last weekend’s music fest. After all, musicians nowadays have to be much more plugged into the digital realm than their predecessors — even if they are just spending a goodly amount of time stream-of-consciousness tweeting (coughKanyecough). Without further ado, here are 10 tips from acts both up-and-coming and better-known, and an accompanying soundtrack to see you through the learning.
Bye, Bye, Miss American Pie? The Supply of New Recorded Music since Napster
The Carlson School and Department of Economics
University of Minnesota and NBER
January 3, 2011
In the decade since Napster, most observers have concluded that file-sharing undermines the protection that copyright affords recorded music. What matters for consumers, however, is not sellers’ revenue but whether the diminished appropriability will reduce the availability of new recorded works. The legal monopoly created by copyright is justified by its encouragement of the creation of new works, but there is little evidence on this relationship. The file-sharing era can be viewed as a large-scale experiment allowing us to check whether diminished appropriability stems the supply of new works. Using a novel dataset on the supply of new recorded music derived from retrospective critical assessments of music such best-of-the-decade lists, we compare post-Napster album supply to 1) its pre-Napster level, 2) pre-Napster trends, and 3) a possible control, new song supply following the iTunes Music Store’s revitalization of the single. We find no evidence that recent changes in appropriability have affected the quantity of new, acclaimed recorded music or new artists coming to market. We reconcile a stable flow of new works in the face of decreased demand with evidence on reduced costs of bringing works to market and a growing role of independent labels.
Full Paper: http://www.tc.umn.edu/~jwaldfog/pdfs/American_Pie_Waldfogel.pdf#
The economist Jordi McKenzie of the University of Sydney published the first study on the impact of music file sharing on music sales (physical and digital) in Australia. His article in the Australian Economic Papers entitled “Illegal Music Downloading and Its Impact on Legitimate Sales: Australian Empirical Evidence” is based on a working paper from August 2009 and was published in December 2009. With a similar methodological approach to Oberholzer-Gee and Strumpf (2007) he came to the conclusion that the evidence suggests no discernible impact of downloading activity on legitimate sales. More details on his approach and his findings are given here: