The majority of analysis on the economics of piracy are focused on record company profits in total. Does anyone know of any research on how the economics look for various groups of artists?
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As an example:
Artist A is a top rated multiplatinum artist
Artist B is a touring, not so profitable but making a living artist
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Do the economics of the industry for each artist change as piracy becomes more and less prevalent?
My gut is that artist B benefits as piracy becomes more prevalent because:
1) Artist B makes their money from touring so distribution is unimportant to them for profitability, rather distribution is a form of marketing.
2) Artist A loses because their distribution is more profitable (still not as profitable as touring for the artist) but their distribution funds their marketing.
Are those 2 points true? I’m going on what I think, but may be off.
More importantly I’d like to hear if anyone knows of any analysis performed on the different classes and how they are impacted by piracy? I would be willing to bet that if there are differences there are opportunities for niche business profits and if one wanted to make a good argument against anti-piracy legislation understanding those differences will be important for fighting those regulations.
----
As an example:
Artist A is a top rated multiplatinum artist
Artist B is a touring, not so profitable but making a living artist
---
Do the economics of the industry for each artist change as piracy becomes more and less prevalent?
My gut is that artist B benefits as piracy becomes more prevalent because:
1) Artist B makes their money from touring so distribution is unimportant to them for profitability, rather distribution is a form of marketing.
2) Artist A loses because their distribution is more profitable (still not as profitable as touring for the artist) but their distribution funds their marketing.
Are those 2 points true? I’m going on what I think, but may be off.
More importantly I’d like to hear if anyone knows of any analysis performed on the different classes and how they are impacted by piracy? I would be willing to bet that if there are differences there are opportunities for niche business profits and if one wanted to make a good argument against anti-piracy legislation understanding those differences will be important for fighting those regulations.