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“Let’s make lots of money”: the determinants of performance in the recorded music sector

Author

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  • Juan D. Montoro-Pons

    (Universitat de València)

  • Manuel Cuadrado-García

    (Universitat de València)

Abstract

This research analyzes the performance of 467 record labels in eight European countries over a period of 13 years (2003–2015). The main goal is to explain a relative measure of profitability in terms of observed variables, although the nature of the dataset also allows us to include non-observed firm and country effects. To this end alternative models are estimated and three main research questions are tested, namely: (1) the effect of the dual structure of the recorded music market, in which a competitive segment and an oligopoly coexist; (2) the extent and source of the volatility of profits in record labels; and (3) the nonlinear impact of size on performance.

Suggested Citation

  • Juan D. Montoro-Pons & Manuel Cuadrado-García, 2018. "“Let’s make lots of money”: the determinants of performance in the recorded music sector," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(2), pages 287-307, May.
    • Handle: RePEc:kap:jculte:v:42:y:2018:i:2:d:10.1007_s10824-017-9304-2
    DOI: 10.1007/s10824-017-9304-2
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    References listed on IDEAS

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