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Music Markets and Mythologies

25 Pages Posted: 15 Nov 2012  

Henry H. Perritt Jr.

Chicago-Kent College of Law - Illinois Institute of Technology

Date Written: November 14, 2012

Abstract

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.

Keywords: music, music industry, markets, business models, copyright law, technology

JEL Classification: K10, K30, L82

Suggested Citation

Perritt, Henry H., Music Markets and Mythologies (November 14, 2012). 9 John Marshall Review of Intellectual Property Law 831 (2010); Chicago-Kent College of Law Research Paper. Available at SSRN: https://ssrn.com/abstract=2175787

Henry H. Perritt Jr. (Contact Author)

Chicago-Kent College of Law - Illinois Institute of Technology ( email )

565 W. Adams St.
Chicago, IL 60661-3691
United States
312-906-5000 (Phone)

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