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Patrik Wikström and Robert DeFillippi bring together innovative, multidisclipinary perspectives on business innovation and disruption in the music industry. Authors from fields such as cultural studies, economics, management, media studies, musicology and human geography in North America, Europe and Asia focus on the 'second wave' of digital disruption and the transformation of the music industry.The chapters are structured into three parts: the first part contextualizes changes in the music industry that have been driven by digital technologies since the end of the 1990s. The second part unpacks the impact of these disruptive technologies on business models in specific industry sectors and geographies, and the third and final part examines questions related to the emergence of subscription music services. Concluding chapters link back to the role of hackers as a subversive and innovative force in the music economy and examine how hacker creativity can be facilitated and encouraged to generate the next big music industry innovation.This multifaceted look at the music business will serve as a resource for both undergraduate and graduate students, as well as established scholars and industry professionals.Contributors: R. DeFillippi, A. Dubber, R.G. Hammond, F. Li, G. Morrow, D. Nordgård, P. Preston, J. Rogers, D. Schreiber, A. Sinnreich, P. Snickars, H. Tessler, P. Tschmuck, A. Watson, P. Wikström
Edited by Patrik Wikström, Associate Professor, Digital Media Research Centre, Queensland University of Technology, Australia and Robert DeFillippi, Professor, Sawyer Business School, Suffolk University, US
Contents:IntroductionPART I MUSIC INDUSTRY TRANSFORMATION IN CONTEXT1. From Record Selling to Cultural Entrepreneurship – The Music Economy in the Digital Paradigm ShiftPeter Tschmuck2. Back in Black – Re-Thinking Core Competencies of the Recorded Music IndustryHolly Tessler3. Crisis and Creative Destruction – New Modes of Appropriation in the Twenty-First Century Music IndustryJim Rogers and Paschal Preston4. The Fallacy of Composition and Disruption in the Music Industry Robert G. HammondPART II CHANGING BUSINESS MODELS5. Digital Disruption and Recording Studio Diversification – Changing Business Models for the Digital Age Allan Watson6. The Influence of Disruptive Technologies on Radio Promotion Strategies in the Music Industry – A Case of One Micro Firm's Decision-Making PracticeDavid Schreiber7. The Chinese Music Industries – Top Down in the Bottom-up Age Guy Morrow and Fangjun LiPART III STREAMING MUSIC SERVICES AND THE FUTURE OF MUSIC8. Slicing the Pie – The Search for an Equitable Recorded Music Economy Aram Sinnreich9. Lessons from the World’s Most Advanced Market for Music Streaming Services Daniel Nordgård10. More Music is Better MusicPelle Snickars11. You Have 24 Hours to Invent the Future of Music – Music Hacks, Playful Research and Creative Innovation Andrew DubberIndex
‘An excellent collection of essays about the evolution of a rapidly changing industry. Summing Up: Recommended.’