Music & the Entertainment Economy

Has file-sharing diminished music industry profits and musical innovation? These are the central questions of a new working paper by Felix Oberholzer-Gee and Koleman Strumpf.  Their answers: no and no. Here are two of their key charts concerning the first question. This one shows a marked increase in concert prices since file-sharing took off. And [...]

A great NYT infographic illustrates the shift over time in music format sales. In the accompanying opinion piece Charles Blow suggests a deathwatch for the industry is in order. But Australian digital entrepreneur Nick Crocker paints a much brighter picture, one that he backs up with his own data. While the conventional business of collecting [...]