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John Lemke

YouTube Hurts Music Album Sales, Research Finds | TorrentFreak - 0 views

  • The researchers estimate that for the top albums the total in lost sales because of YouTube equals roughly $1 million per year. This is a significant percentage of the label’s total revenue. It is hard to say, however, that YouTube is hurting overall revenue, as the advertising revenue it receives from Google also brings in a significant sum of money.
    I am not so sure I agree but quoting the article, ""Our findings suggest that sales displacement effect can be real without a promotional effect. That is, the people listening on YouTube appear to be, to some extent people who would know about this album anyway, but may not buy it because of YouTube," the researchers conclude."
John Lemke

File-Sharing Boosts Creation of New Hit Music, Research Finds | TorrentFreak - 0 views

  • It is clear that file-sharing encourages the distribution of existing music, and in a paper titled “A Case Study of File Sharing and Music Output” the professor examines what the connection is between music piracy and the creation of new music.
  • The paper provides empirical evidence that file sharing did not reduce the creation of new hit songs. Instead, more new music entered the hit charts, an effect that’s driven by existing artists.
  • The data shows that the output from existing artists increased, while new artists appeared less frequently in the hit charts. However, since the new material from existing artists was greater than the loss from new artists, the “creation” of new music increased overall.
  • ...1 more annotation...
  • “Specifically, the [result] suggests that the 58.92 percent decline in record sales would be associated with a net increase of 20.6 new songs in the study’s sample annually, all else constant,” Professor Lunney writes.
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