Some Economics of Digital Content
The music industry is currently subject to changes influenced by ongoing digitalisation and informatization that are unprecedented. Other sectors can expect to undergo in the near future what the media industry is going through now – the movie industry being a prime suspect. Each day, some 600,000 copies of movies are exchanged via the Internet, most of these in violation of the copyright laws. The disruptive nature of technological development makes that the market for entertainment products and other content undergoes fundamental changes. Where ‘content’ used to be exchanged attached to a physical carrier, increasingly it has the features of an information product.
|consumer as subcontractor, digital content, internet market, price discrimination, product development, product differentiation|
|Market Structure and Pricing (jel D4), Firm Objectives, Organization, and Behavior (jel L2), Business Administration and Business Economics; Marketing; Accounting (jel M), Business Administration: General (jel M10)|
|ERIM Report Series Research in Management|
|Organisation||Erasmus Research Institute of Management|
Dolfsma, W.A. (2004). Some Economics of Digital Content (No. ERS-2004-036-ORG). ERIM Report Series Research in Management. Retrieved from http://hdl.handle.net/1765/1331