Advertisement

Economic Analysis of Music Copyright:Music Users

  • Ivan L. Pitt
Chapter

Abstract

The US media industry includes many segments not just radio, cable, television and Internet, but newspapers and films as well. The industry as a whole is reliant on the growth in advertising revenue to sustain profitability. This chapter explores the many music users and how their revenue becomes the source of licensing fees collected by PROs to compensate the copyright holders in the form of performance royalty payments for the use of their music. We will also examine the various types of music performances, their methods of collection, and the way in which royalty payments are computed.

Keywords

Radio Station Copyright Owner Copyright Holder Musical Composition Royalty Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Reference

  1. AFJ2 (2001). Second Amended Final Judgment, USA vs ASCAP, Civil Action No. 41-1395. United States District Court, S.D.N.Y. (White Plains), pp. 1–19.Google Scholar
  2. Brabec, J. and Brabec, T. (2008). Music Money and Success: The Insiders Guide to Making Money in the Music Industry. Schirmer Trade Books-Music Sales, New York, NY, 6th edition.Google Scholar
  3. Coen, R. (2008). Insider’s Report: Advertising Expenditures, December 2008. MAGNA Insights.Google Scholar
  4. Dertouzos, J. (2008). Radio Airplay and the Record Industry: An Economic Analysis. National Association of Broadcasters. Unpublished.Google Scholar
  5. Fabrikant, G. (2009). ‘Radio Giant Faces Crisis in Cash Flow’. www.nytimes.com. April 29.
  6. GAO (2004). Intellectual Property: Economic Arrangements Among Small Webcasters and Third Parties and Their Effect on Royalty. United States Government Accountability Office. Report No. GAO-04-700.Google Scholar
  7. GAO (2007). Telecommunications: Preliminary Information on Media Ownership. United States Government Accountability Office. Report No. GAO-08-330R.Google Scholar
  8. Grant, P. and Wood, C. (2004). Blockbusters and Trade Wars: Popular Culture in a Globalized World. Douglas and McIntyre, Vancouver, BC.Google Scholar
  9. McBride, S. (2009). Commercial Radio Stations Beg For Cash. Wall Street Journal. April 30, p. B3.Google Scholar

Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.American Society of Composers, Authors and PublishersNew YorkUSA

Personalised recommendations