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An Economist's Guide to Digital Music
Martin Peitz University of Mannheim - Department of Economics Patrick Waelbroeck Ecole Nationale Superieure des Telecommunications November 2004 CESifo Working Paper Series No. 1333 Abstract: In this guide, we discuss the impact of digitalization on the music industry. We rely on market and survey data at the international level as well as expert statements from the industry. The guide investigates recent developments in legal and technological protection of digital music and describes new business models as well as consumers' attitude towards music downloads and audio-streaming. We conclude the guide by a discussion of the evolution of the music industry.
Keywords: music, internet, file-sharing, peer-to-peer, piracy, digital rights management, copyright, e-commerce JEL Classifications: L82 Working Paper SeriesDate posted: December 03, 2004 ; Last revised: December 03, 2004Suggested CitationContact Information
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