Copying, Superstars, and Artistic Creation
AbstractWe provide a new perspective on the impact of unauthorized copying and copy levies on artistic creation. Our analysis emphasizes three important aspects of artistic markets: the predominance of superstars, the dynamics of talent sorting, and the importance of promotion expenditures. In the short run, piracy reduces superstars’ earnings and market share, and increases the number of niche and young artists. From a dynamic perspective, piracy may help more young artists start their careers, thereby increasing the number of highly talented artists in the long run. The long run impact on artistic creation of levies on copy equipment may crucially depend on whether their yields primarily accrue to superstars or are allocated to help young artists.
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Bibliographic InfoPaper provided by International Economics Institute, University of Valencia in its series Working Papers with number 0902.
Length: 32 pages
Date of creation: Aug 2009
Date of revision:
artistic creation; superstars; private copy; piracy; levies;
Other versions of this item:
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- L82 - Industrial Organization - - Industry Studies: Services - - - Entertainment; Media
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