Revenue stream(ing): how the economics of the music industry is changing
Streaming is bringing more access, more music and more flexibility for the listener, but at what cost? The face of music has changed dramatically in the last 15 years. Technology shifts mean that distribution methods have changed, with cassette tapes and CDs consigned to history’s scrap heap. Streaming has fundamentally changed how we consume music and also how artists and creators are rewarded.
In this episode of Top of the Agenda, Helen Jenkins is joined by Will Page, former chief economist at Spotify and PRS for music and a thought leader on the economic dynamics of the music world, and Leon Fields, a Senior Consultant at Oxera who is also a musician in his spare time. Together, they discuss the economics of music, tackling questions such as: is it sustainable? Is live performance the answer? And is AI set to drive the next big shake up in the industry?
Listen and subscribe to the Top of the Agenda podcast series on Spotify, Apple or via your favourite podcast platform.
Related
Is dynamic pricing an ambush or advantage for consumers?
The debate as to whether or when dynamic pricing is fair and reasonable continues, and there are even calls for it be banned. Dynamic pricing has been in the news recently, with backlash from fans trying to secure a ticket to see Oasis in concert. You will have experienced dynamic… Read More
Reducing or removing CO2 emissions: Can offsets make the difference?
As countries and corporates focus on reducing emissions in line with European net zero targets up to 2050, in this article, Oxera Partner Sir Philip Lowe examines the use of offsets, particularly in hard-to-abate segments of the economy. Oxera’s research on… Read More