Slicing the pie: the search for an equitable recorded music economy

Abstract

Business models for recorded music have diversified and changed radically in the first decades of the twenty-first century, and industry stakeholders including artists, composers, labels, publishers, broadcasters and distributors are all scrambling to grow – or at least to maintain – their ‘slices of the pie.’ In this chapter, I present a nonpartisan analysis of past, current and proposed methods of dividing revenues in the US marketplace, with the aim to clarify exactly what’s at stake, and for whom, and to correct and counteract some of the more vitriolic and less accurate rhetoric that has governed the public debate of these issues thus far. I also provide a side-by-side comparison of the economic rewards for creators, as well as the cultural rewards and economic costs for consumers, of music distributed via various channels.

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