The Music Industry

The Music Industry
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Since the first edition was published in 2009, Patrik Wikström's <i>The Music Industry</i> has become a go-to text for students and scholars. This thoroughly updated third edition provides an international overview of the music industry and its future prospects in the world of global entertainment.<br /><br />The music industry has experienced two turbulent decades of immense change brought about in part by the digital revolution. How has the industry been transformed by these economic and technological upheavals, and how is it likely to change in the future? What is the role of music in this digital age? Wikström illuminates the workings of the industry, deftly capturing the dynamics at work in the production of musical culture between the transnational media conglomerates, the independent music companies and the public. New to this third edition are expanded sections on the changing structure of the music industry, the impact of digitization on music listening practices, and the evolution of music streaming platforms.<br /><br />Engaging and comprehensive, <i>The Music Industry</i> is a must-read for students and scholars of media and communication studies, cultural studies, popular music, sociology and economics.

Оглавление

Patrik Wikström. The Music Industry

CONTENTS

List of Tables

List of Illustrations

List of Case Study

Guide

Pages

Digital Media and Society Series

The Music Industry. Music in the Cloud

Dedication

Acknowledgements

Introduction: Music in the Cloud

Connectivity vs. control

Service vs. product

Amateur vs. professional

The structure of the book

Notes

CHAPTER ONE A Copyright Industry

Defining industries

Basic concepts of copyright

Characteristics of the copyright industries

On the nature of copyright products

An industry with a high level of uncertainty and volatility

High production costs, low reproduction costs

Profit maximization, creativity and authenticity

Authenticity and creativity

Art and commerce in the music industry

Exploring copyright industry dynamics

The microenvironment of the copyright firm

An evolutionary theory of the firm

The process of organizational adaptation

Communities of practice

Production of culture

Notes

CHAPTER TWO Inside the Music Industry

Defining the music industries

Three integrated music industries

Recorded music

Music publishing

Live performance

A brief history of the twentieth-century recording industry

1890s–1900s

1910s–1920s

1930s–1940s

1950s–1960s

1970s

1980s–1990s

Into the 2000s

The world’s largest music companies

The size and structure of the international recorded music market

Notes

CHAPTER THREE Music and the Media

The interplay between music, audience and media

Connectivity and control

Audience fragmentation

Option value blurring

Consequences for the audience–media engine

Music-licensing

Music publishers challenge the record labels’ domain

Recorded music

Memberships – limited download quota

Single-song download

How can you compete with free?

The promises of micropayments and blockchain technology

From ownership to access

The market for access-based music platforms

Market size and structure

Access-based music service providers’ competitive strategies

Freemium

Partnerships with the telecom and consumer electronics industry

Is it possible to compete with the technology conglomerates?

Notes

CHAPTER FOUR Making Music

Professions and practices

The music producer

Recording studio decline

Music production and geography

Talent development

The artist as a brand

Ageing superstars

Live music

The changing purpose and position of the live music sector

The relationship between the artist and what used to be the record label

CASE STUDY 4.1: ROBYN CARLSSON

Notes

CHAPTER FIVE The Social and Creative Music Fan

Friendly sharing?

Debates about and reactions to online piracy

Singing, dancing, remixing

Conflicts between consumer creativity and rights holder control

Music promotion goes viral

CASE STUDY 5.1: WHEN THE PROMOTION BECOMES THE ART FORM – YEAR ZERO BY NINE INCH NAILS

New gatekeepers, new music?

Audience-driven talent development

Patronage in the digital age

Tip jar models redux

Notes

CHAPTER SIX Future Sounds

Connectivity vs. control

Regulatory control

Technologies of control

Surveillant control

Context and content

Playlists galore

Humanly curated playlists

Algorithmically curated playlists

Creativity as consumption

Final words

Notes

References

Index

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

Y

POLITY END USER LICENSE AGREEMENT

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