IDEAS home Printed from https://ideas.repec.org/p/cbt/econwp/23-04.html
   My bibliography  Save this paper

Bargaining Theory and the Copyright Royalty Board’s Rate Setting Mandate for Interactive Streaming of Music

Author

Listed:

Abstract

In the USA, the remuneration for songwriters whose copyrighted material is broadcast using online interactive music services is subject to a compulsory license with a rate that is regulated by the Copyright Royalty Board (CRB). On the other hand, an essentially equally necessary input to the interactive music services, namely the sound recording copyright, is fully and freely negotiated between the parties. This situation sets up an interesting bargaining problem that should be of great interest to the CRB for their statutory mandate. The present paper sets out this problem formally, and resolves the equilibrium outcomes. The model is calibrated with the actual rates that have been set recently by the CRB.

Suggested Citation

  • Elliott Hughes & Richard Watt, 2023. "Bargaining Theory and the Copyright Royalty Board’s Rate Setting Mandate for Interactive Streaming of Music," Working Papers in Economics 23/04, University of Canterbury, Department of Economics and Finance.
    • Handle: RePEc:cbt:econwp:23/04
    as

    Download full text from publisher

    File URL: https://repec.canterbury.ac.nz/cbt/econwp/2304.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Bargaining theory; regulation of copyright remuneration; Copyright Royalty Board USA;
    All these keywords.

    JEL classification:

    • D - Microeconomics
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • D45 - Microeconomics - - Market Structure, Pricing, and Design - - - Rationing; Licensing

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbt:econwp:23/04. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Albert Yee (email available below). General contact details of provider: https://edirc.repec.org/data/decannz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.