Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.

Slides:



Advertisements
Similar presentations
Market Structures Review
Advertisements

The Ethics Of Digital Music What Is The Future Of Copyright???
MUSIC INDUSTRY Oligopoly – the Big 4 Universal Sony BMG Warner EMI Economies of scale Both vertical & horizontal integration.
Monopolistic Competition. Market Structure Product Differentiation Product Differentiation Few Many Number of Firm Differentiation Product Differentiation.
Mark Pendolino COM 538 – Digital Media Theories Marketing Music Today: The Effect of New Media on the Marketing and Promotion of Musical Artists.
Market Structures. Monopoly  Single seller of a product dominates market  “price makers”/”price setters”  Barriers to entry high  Most newspapers,
Lectures in Microeconomics-Charles W. Upton Duopoly.
Sound Recording Chapter 8. Hard Hit by Technology No media industry has struggled more in recent years than the record industry and record stores—the.
Monopolistic Competition and Oligopoly
The Framework for business.
Copyright 2007 – Biz/ed Competition in Markets BTEC Business.
1 Music 2.0 Revenue Streams, Consumer Behavior and Policy Issues Kristin Thomson Ignite : Philly June 11, 2008 Kristin Thomson and Michael Bracy Future.

Market Structures Monopolistic Competition and Oligopoly.
Market Structures 7.1. Decline of laissez-faire As business grew, so did the role gov’t played in it By 1800s, mergers and trusts had changed the nature.
The Copyright, Designs and Patents Act (1988) A POWERPOINT PRESENTATION By Add your name(s) here Copyright and Piracy.
Market Structures The different types of markets and the way in which businesses compete.
Chapter Two: Media Theory. Media economics Economies of Scale  Mass production and distribution  First copy costs  Low marginal costs.
Chapter Seven: Radio, Recording, and Popular Music
Audio Duplication Services
Digital Rights Management Maxim Fastovsky. What is DRM? DRM technologies attempt to control use of digital media by preventing access, copying or conversion.
Date: April 13, 2011 Topic: Monopolistic Competition and Oligopoly Aim: Why does monopolistic competition exist? Do Now: Read the article.
Monopolistic Competition and Oligopoly. Monopolistic competition Companies competing in open market selling items or services similar but not identical.
Types of Economic Competition. Determining the Type of Economic Competition The number of firms competing in the market The amount of similarity between.
Chapter 9 slide 1 OLIGOPOLY A Small Number of Large Firms Dominate the Market. The firms ’ fortunes are interdependent. Each firm ’ s actions affect the.
CHAPTER 7 ENTERTAINMENT MARKETING. The process of developing, promoting, and distributing products, or goods and services, to satisfy customers’ needs.
Monopolistic Competition and Oligopoly. Objectives Describe characteristics and give examples of monopolistic competition. Explain how firms compete without.
Industry Analysis Entrepreneurship Business Plan.
The Impact of ICT on Entertainment. The Rise of the Internet In the UK today: A third of homes have broadband internet access In these homes, 25% of “media.
Economics Learning Steps 8/23/12. Complete Dream Book Journal Entry & Complete Student Mini-Research “Historical Monopolies”
Distribution & Marketing MUM 2700 Professor Calle.
Media Industry Structure: Oligopoly The “few” selling to the many: Dominant firm oligopoly: One firm holds 50-90% of the market Tight oligopoly: Four firms.
Jeopardy Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy Vocab 1Vocab 2Perfection Mono e mono Put em up.
Other Market Structures. Monopolistic Competition  Many companies sell products that are similar, but not identical Four Conditions  Many firms  Few.
Chapter 7: Market Structures Section 3. Slide 2 Copyright © Pearson Education, Inc.Chapter 7, Section 3 Monopolistic Competition In monopolistic competition,
Ch. 7.1 Notes: Four Market Structures. I.Market Structures = 4 Types of Industries where companies compete : A. Monopolistic Competition > industry with.
Now that I have established who my target audience are it is useful,as part of my secondary audience to research media habits of teenagers; this helps.
8.Internet File Sharing: Napster and friends 9.Multi-channel audio: DVD-Audio and SACD.
Digital Rights Management Maxim Fastovsky. What is DRM? DRM technologies attempt to control use of digital media by preventing access, copying or conversion.
Competition in the Market. Four Types of Competition Monopoly Competition Oligopoly Natural Monopoly.
Marketing Strategy Planning Copyright © 2014 by The McGraw-Hill Companies, Inc. All rights reserved.
Market Structures. Definition Nature and degree of competition among firms operating in the same industry Nature and degree of competition among firms.
MARKET STRUCTURES. COMPETITION AND MARKET STRUCTURES  Adam Smith published The Wealth of Nations in 1776 when there were small factories and business.
By the end of the lesson you should be able to: Explain the difference between major, subsidiary and independent record labels. Discuss the major labels.
MUSIC INDUSTRY Oligopoly – the Big 4 Universal Sony BMG Warner EMI Economies of scale Both vertical & horizontal integration.
The Long Tail Theory Applied to the Music Industry.
1.3 Marketing mix and strategy Distribution
Week 5 Vocabulary Review
The Music Industry Aim – To understand who controls the music industry. To examine the pros and cons of multi national ownership of the industry.
Types of Economic Competition
UNIT-IV - PRODUCT PRICING Objectives of Pricing
Chapter 8 Market Structures.
International Marketing
Market Organizations Objective:
a. What is the output produced by this monopolistic competitor?
Monopolistic Competition
Pricing, Distributing, and Promoting Products
Chapter 7 Section 3.
Perfect Competition Monopolistic Competition Oligopoly Monopoly
CONTRASTS IN CLUSTERING: CANADIAN NEW MEDIA
University of Rochester
Best Social Media Marketing Company
Oligopoly.
Oligopoly theory.
Media Industry Structure: Oligopoly
Other Market Structures
Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.
Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD.
HAPPY HOLIDAYS!.
MOST: Apply the four 4ps to a product or service
Presentation transcript:

Internet File Sharing: Napster and friends Multi-channel audio: DVD-Audio and SACD

Question: What are the current trends in the recorded music industry? Turn of the century Question: What are the current trends in the recorded music industry?

Media Industry Structure: Oligopoly The “few” selling to the many: Dominant firm oligopoly: One firm holds 50-90% of the market Tight oligopoly: Four firms hold more than 60% of the market Effective competition: More than four firms (but less than “many”) hold 60% of the market

Universal/NBC (United States) 2003 Universal/NBC (United States)

The production cycle of popular music Contracted Artists Talent Scouts Production Artistic Community Recording Industry Managerial Indies Society/Culture Retail INNOVATION

8. File Sharing, copyright, and profit

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com. Inc. All rights reserved.