hey yall,
in continuity with the mp3 thread:
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How Will the Music Industry Weather the Globalization Storm?
by Wilfred Dolfsma
The music industry is in a genuine maelstrom at the moment. Globalization is
affecting this industry more than many other industries and it is primarily
induced by developments in Information technology. The foremost avenue for
change is through the institution providing the foundation of the industry -
copyright, which will be largely disabled. The oddly global and local
structure of the music industry will be undergoing some fundamental changes.
The roles of music publishers and record companies especially are about to
alter. In an institutional economic analysis, I will analyze the present
situation in this industry, where Information technology impacts on this
system, and how in general the industry is likely to change.
http://firstmonday.org/issues/issue5_5/dolfsma/
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paz,
adario
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