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Digitalisation and Intermediaries in the Music Industry
CREATe Working Paper 2017/07 (June 2017) Digitalisation and intermediaries in the Music Industry Authors Morten Hviid Sabine Jacques Sofia Izquierdo Sanchez Centre for Competition Policy, Centre for Competition Policy, Department of Accountancy, Finance, University of East Anglia University of East Anglia and Economics, University of Huddersfield [email protected] [email protected] [email protected] CREATe Working Paper Series DOI:10.5281/zenodo.809949 This release was supported by the RCUK funded Centre for Copyright and New Business Models in the Creative Economy (CREATe), AHRC Grant Number AH/K000179/1. Abstract Prior to digitalisation, the vertical structure of the market for recorded music could be described as a large number of artists [composers, lyricists and musicians] supplying creative expressions to a small number of larger record labels and publishers who funded, produced, and marketed the resulting recorded music to subsequently sell these works to consumers through a fragmented retail sector. We argue that digitalisation has led to a new structure in which the retail segment has also become concentrated. Such a structure, with successive oligopolistic segments, can lead to higher consumer prices through double marginalisation. We further question whether a combination of disintermediation of the record labels function combined with “self- publishing” by artists, will lead to the demise of powerful firms in the record label segment, thus shifting market power from the record label and publisher segment to the retail segment, rather than increasing the number of segments with market power. i Table of Contents 1. Introduction ................................................................................................................................. 1 2. How the advancement of technologies shapes the music industry ................................. -
NORTH NORFOLK ARTS E-NEWS 20 June 2016
NORTH NORFOLK ARTS E-NEWS 20 June 2016 – Issue 7 In this issue: News Opportunities • Opportunities at The Wells Maltings • Summer Textile workshops at the Mo, Sheringham • Two new visual arts development posts- The Arts Development Company in Dorset • Artswork Communications & Development Manager • Southwark Council: Gallery Operator • Lecturer: VFX - Norwich University of the Arts • Head of the School of Literature, Drama, and Creative Writing - University of East Anglia • Workshops - Norfolk Dance Artists Collective • Jeremy Webb Photography Workshops • Project Management in 10 Simple Steps - Creative Training Hub • Local Global Song Project Workshops - Southburgh Festival of World Music • Clore Leadership Programme: Clore Short Course Programme • Writers' Centre Norwich Emerging Translator Mentorships 2016 • FREE Special Drypoint Workshop Opportunity • Norfolk Community Foundation - Vital Signs Survey • Voluntary Arts - Disability & Access at Events Briefing • What Next? Norfolk chapter meeting • Volunteers' Week - Pledge the hours you give to arts Funding News For what’s going on in North Norfolk visit our Arts online diary www.northnorfolk.org/arts/search.aspx Submit your event for FREE visit www.northnorfolk.org/arts/submit_event.aspx or www.visitnorthnorfolk.com For information on North Norfolk WW1 events and support visit www.northnorfolk.org/ww1 Opportunities Opportunities at The Wells Maltings • Volunteering possibilities. We are always looking for new volunteers and recruits to work in the Tourist Information Centre alongside our staff. Fancy giving up a couple of hours a week? Go into the Centre and ask to speak to Inez or Sophie who would be very happy to give you further information. • Oral History Recordings . One of our projects for the Heritage Lottery for completion during the development stage is recording and collating recorded oral histories of the town and from the local people who live and have lived here. -