An Economist's Guide to Digital Music
70 Pages Posted: 3 Dec 2004
Date Written: November 2004
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 Classification: L82
Suggested Citation: Suggested Citation