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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Don't Play it Again Sam: Radio Play, Record Sales, and Property Rights. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Don't Play it Again Sam: Radio Play, Record Sales, and Property Rights
by possibly noteworthy at 11:50 pm EDT, Jul 14, 2007

This paper undertakes an econometric investigation of the impact of radio play on sales of sound recordings using a sample of American cities.

The results indicate that radio play does not have the positive impact on record sales normally attributed to it and instead appears to have an economically important negative impact, implying that overall radio listening is more of a substitute for the purchase of sound recordings than it is a complement.

This finding indicates that creating a set of property rights to allow this market to function properly is different than has been suggested by prior research. This research also exposes a fallacy of composition in applying to an entire market a generally accepted positive relationship that holds for individual units.

New technologies changing the nature of radio broadcasts are likely to make this topic increasingly important in the coming years.

Interesting. SoundExchange wants to keep radio alive, although it may be in the financial interest of artists to let it go.


 
 
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