15 Pages Posted: 21 Jul 2008
The idea of alternative compensation methods for recording artists has gained increasing popularity as Internet copying has started to seriously threaten record sales. We start this article by looking at the general theory on alternatives to copyright royalties and show that recording artist income is in practise not dependent on record sales. Then we move forward and map the features of the current alternative proposals and construct yet another iteration of a levy-based compensation method. As an example, we analyze what our model would imply for Finland. In the end we reflect on the idea of a levy-based compensation method to the current predictions of technical advances in communication networks and note that the traditional copyright royalty model is seriously threatened by tremendous personal copying covering practically all the music ever created. We conclude this article by discussing what this will mean for the alternative compensation proposals and the music industry in general.
Keywords: Copyright, Compensation, Recording Artists
Suggested Citation: Suggested Citation
Oksanen, Ville and Valimaki, Mikko, Copyright Levies as an Alternative Compensation Method for Recording Artists and Technological Development. Review of Economic Research on Copyright Issues, Vol. 2, No. 2, pp. 25-39, 2005. Available at SSRN: https://ssrn.com/abstract=1144894
By Raymond Ku
By Wendy Gordon