Selling Digital Music: Business Models for Public Goods

Goal: to describe the current configuration of digital music distribution, and to give an overview of the business practices adopted by digital music outlets. Design/Methodology/Approach: Longitudinal study using descriptive statistics and cluster analysis on two datasets collected in 2011 and 2018. Results: Three clusters were identified in 2011: paid download, music streaming, and video streaming. Data shows that, in 2018, although streaming was the predominant technical mode, many outlets still applied the paid download business model (BM), and that cluster presented the highest survival rate. Large outlets used streaming, but the specialized ones still adhered to download, and catalog specialization and consumer behavior are the explaining factors. Limitations of the investigation: Data was gathered from 70 digital outlets operating in two major digital markets, USA and UK, but some large ones, such as Korea and Japan, were not analyzed. Practical implications: While a dominant technology prevails on mass markets, old technologies can still be adopted in niche markets, due to market limitations and consumer behavior. Thus, even in concentrated markets, small competitors can benefit from exploring segments with special needs that are not addressed by large players. Originality/Value: There are few quantitative studies and longitudinal analyses on digital music business models.

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Applying Modularity Theory to Music Business Programs or How I Learned to Innovate Strategic Planning Processes to Align Mission, Vision, and Values to Shifting Market Needs and Expectations and Create Better Business Models in Higher Education

10.25101/18.16 ◽

2018 ◽

Author(s):

Joseph Miglio

Keyword(s):

Higher Education ◽

Strategic Planning ◽

Business Models ◽

Music Business ◽

Business Programs ◽

Planning Processes ◽

Market Needs

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Digital Technologies and Music Digitisation: Challenges and Opportunities for the Nepalese Music Industry

International Journal of Music Business Research ◽

10.2478/ijmbr-2021-0005 ◽

2021 ◽

Vol 0 (0) ◽

Author(s):

Subash Giri

Keyword(s):

Business Model ◽

Music Industry ◽

Digital Technologies ◽

Digital Music ◽

Structured Interviews ◽

Music Business ◽

Challenges And Opportunities ◽

Market Trends ◽

Music Market ◽

Major Medium

Abstract This paper investigates the current legitimate digital music business trends and models created by the innovation of new digital technologies and examines their pertinence in the Nepalese music industry. Further, it scrutinises neighbouring music markets and juxtaposes the Nepalese music market against their current market trends. Based on eight in-depth semi-structured interviews with executives and stakeholders of different major, medium and independent Nepalese record labels, the paper examines two questions: what is preventing Nepalese recorded music from being found digitally and accessible legally; and what are the opportunities, gaps and requirements that confront the search for a commercially viable route for the optimal digital music business model to make Nepalese music digitally and legally accessible, both locally and globally?

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