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Maisons de disques et artistes: convergence ou conflit d'intérêts face au numérique?

Author

Listed:
  • François Moreau

    (CEPN - Centre d'Economie de l'Université Paris Nord - CNRS - Centre National de la Recherche Scientifique - Université Sorbonne Paris Nord, LABEX ICCA - UP13 - Université Paris 13 - Université Sorbonne Nouvelle - Paris 3 - CNRS - Centre National de la Recherche Scientifique - UPCité - Université Paris Cité - Université Sorbonne Paris Nord)

  • Nicolas Curien

Abstract

We model the relationship between an artist and a record company as a revenue-sharing game that stems from two complementary markets: the recorded-music market and the live-music market. Artists are heterogeneous according to their potential success as well as to the amount that live music represents in their total revenues. The model shows that: (i) the bargaining power between a record company and an artist will partially switch from the former to the latter because of the increasing value of an artist's outside options; (ii) digitization should favor the live-music market and thus mitigate the negative impact of piracy, or even reverse it for artists with a strong activity on stage; (iii) the rise of new contracts is an opportunity for both record companies and artists. Getting a share of live music revenues could make a record company profitable unlike standard contracts. Sharing their live music revenues could be a condition for some artists to release an album.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • François Moreau & Nicolas Curien, 2009. "Maisons de disques et artistes: convergence ou conflit d'intérêts face au numérique?," Post-Print hal-03983512, HAL.
  • Handle: RePEc:hal:journl:hal-03983512
    DOI: 10.2307/27917389
    as

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