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EconomistsTalkArt.org

Research-based policy analysis and commentary

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October 2016

VOLATILE ART AUDIENCES

By Koen van Eijck

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Cultural consumers are increasingly hard to pin down as a certain type of consumer with a clearly defined taste. In addition, younger generations show a declining interest in canonized art forms. At the same time, government support for the arts is being reduced in many countries, including the Netherlands, and consumers too have less to spend on art. What are the consequences of this situation for cultural policy makers, producers and venues? Continue reading “VOLATILE ART AUDIENCES”

GOING MEANS TROUBLE AND STAYING MAKES IT DOUBLE: THE VALUE OF LICENSING RECORDED MUSIC ONLINE

By Christian Handke, Balász Bodó and Joan-Josep Vallbé

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A longstanding and divisive debate rages over copyright enforcement online. This article discusses an alternative approach of a copyright compensation system (CCS) floated mostly by legal scholars. The few economists paying any attention have been skeptical. This article should change that. It provides solid evidence that a CCS for recorded music could more than double rights holder revenues from sales of recorded music while leaving consumers better off at the same time. Continue reading “GOING MEANS TROUBLE AND STAYING MAKES IT DOUBLE: THE VALUE OF LICENSING RECORDED MUSIC ONLINE”

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