Music Markets and Mythologies
Henry H. Perritt Jr.
Chicago-Kent College of Law - Illinois Institute of Technology
November 14, 2012
9 John Marshall Review of Intellectual Property Law 831 (2010)
Chicago-Kent College of Law Research Paper
New technologies have started a revolution in the music marketplace. As new business models emerge, major firms in the popular music industry have mounted a campaign on the premise that the world of popular music faces a grave threat from illicit filing sharing. This article makes the case against that campaign. It discusses how new technologies are currently reshaping the marketplace to allow a wider range of new artists, as well as more direct access between musicians and their fans. It also predicts how future demand for popular music will increase due to portability, and ultimately recommends directions for marketplace reform and the application of copyright law.
Number of Pages in PDF File: 25
Keywords: music, music industry, markets, business models, copyright law, technology
JEL Classification: K10, K30, L82
Date posted: November 15, 2012