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Peer-to-Peer File Sharing: The Case of the Music Recording Industry
The music recording industry is a highly-concentrated five firm oligopoly. Much of the dominance achieved by larger firms in the industry results from control over the distribution and promotion of the pproducts of the industry. Alexander (1994b), predicted that new compression routines would facili...
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| Published in: | Review of industrial organization 2002-03, Vol.20 (2), p.151-161 |
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| Format: | Article |
| Language: | English |
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| cited_by | cdi_FETCH-LOGICAL-c341t-e4e237ef34125da00356ac01d6321ebcf182bd6398ec6fa4e54dad1c38edde1c3 |
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| container_end_page | 161 |
| container_issue | 2 |
| container_start_page | 151 |
| container_title | Review of industrial organization |
| container_volume | 20 |
| creator | ALEXANDER, PETER J. |
| description | The music recording industry is a highly-concentrated five firm oligopoly. Much of the dominance achieved by larger firms in the industry results from control over the distribution and promotion of the pproducts of the industry. Alexander (1994b), predicted that new compression routines would facilitate the efficient transfer of digital music across the internet. MP3 compression routines have made such transfers relatively simple and efficient. While smaller new entrants have not yet been able to exploit this new technology in terms of market share, an element of uncertainty exists regarding the sustainability of the prevailing structure, due to large scale non-sanctioned file sharing. Despite the industry's legal efforts to suppress non-sanctioned file distribution, peer-to-peer networks may render these efforts futile. However, peer-to-peer networks must overcome structural and institutional problems, in particular, free-riding. |
| doi_str_mv | 10.1023/A:1013819218792 |
| format | article |
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Much of the dominance achieved by larger firms in the industry results from control over the distribution and promotion of the pproducts of the industry. Alexander (1994b), predicted that new compression routines would facilitate the efficient transfer of digital music across the internet. MP3 compression routines have made such transfers relatively simple and efficient. While smaller new entrants have not yet been able to exploit this new technology in terms of market share, an element of uncertainty exists regarding the sustainability of the prevailing structure, due to large scale non-sanctioned file sharing. Despite the industry's legal efforts to suppress non-sanctioned file distribution, peer-to-peer networks may render these efforts futile. However, peer-to-peer networks must overcome structural and institutional problems, in particular, free-riding.</description><subject>Computers</subject><subject>Cost control</subject><subject>Digital music</subject><subject>Digital technology</subject><subject>Distribution costs</subject><subject>Economic theory</subject><subject>Exploitation</subject><subject>File sharing</subject><subject>Free riding</subject><subject>Industrial market</subject><subject>Industrial organization</subject><subject>Internet</subject><subject>Magnetic tape</subject><subject>Music</subject><subject>Music industry</subject><subject>Network servers</subject><subject>New technology</subject><subject>Oligopoly</subject><subject>Optical storage</subject><subject>Organization theory</subject><subject>Peer to peer computing</subject><subject>Peer to peer file sharing</subject><subject>Recording industry</subject><subject>Sound waves</subject><subject>Spectrum 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| ispartof | Review of industrial organization, 2002-03, Vol.20 (2), p.151-161 |
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| source | EconLit s plnými texty; EBSCOhost Business Source Ultimate; International Bibliography of the Social Sciences (IBSS); JSTOR Archival Journals and Primary Sources Collection; ABI/INFORM Global; Politics Collection; Social Science Premium Collection (Proquest) (PQ_SDU_P3); PAIS Index; Springer Link |
| subjects | Computers Cost control Digital music Digital technology Distribution costs Economic theory Exploitation File sharing Free riding Industrial market Industrial organization Internet Magnetic tape Music Music industry Network servers New technology Oligopoly Optical storage Organization theory Peer to peer computing Peer to peer file sharing Recording industry Sound waves Spectrum allocation |
| title | Peer-to-Peer File Sharing: The Case of the Music Recording Industry |
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