Chicago-Kent College of Law Scholarly Commons @ IIT Chicago-Kent College of Law All Faculty Scholarship Faculty Scholarship January 2011 New Business Models for Music Henry H. Perritt Jr. IIT Chicago-Kent College of Law,
[email protected] Follow this and additional works at: https://scholarship.kentlaw.iit.edu/fac_schol Part of the Entertainment, Arts, and Sports Law Commons, and the Intellectual Property Law Commons Recommended Citation Henry H. Perritt Jr., New Business Models for Music, 18 Vill. Sports & Ent. L.J. 63 (2011). Available at: https://scholarship.kentlaw.iit.edu/fac_schol/480 This Article is brought to you for free and open access by the Faculty Scholarship at Scholarly Commons @ IIT Chicago-Kent College of Law. It has been accepted for inclusion in All Faculty Scholarship by an authorized administrator of Scholarly Commons @ IIT Chicago-Kent College of Law. For more information, please contact
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[email protected]. \\jciprod01\productn\V\VLS\18-1dr\vls102.txt unknown Seq: 1 7-MAR-11 11:02 NEW BUSINESS MODELS FOR MUSIC HENRY H. PERRITT, JR.* I. INTRODUCTION ....................................... 65 R II. THE PROBLEM ........................................ 70 R A. The Old Model .................................. 72 R 1. Recorded Music ............................. 72 R 2. Live Performances ........................... 84 R 3. Publishing ................................... 86 R B. Effects of Technology’s Latest Revolution ........ 87 R 1. Effects of the Demise of the CD ............. 88 R 2. Limited Potential of Downloadable Digital Files ......................................... 89 R 3. Potential of Live Performances .............. 91 R C. Law’s Role....................................... 93 R III. WHO MAKES MUSIC NOW? WHY AND HOW?........... 96 R A.