Music piracy and illegal sharing: are artists being affected?

Giovanni Camacho Murillo

Revista Criterio Libre, 2013

Abstract: This essay analyzes the impact that musical piracy and illegal downloads haveon singers and song writers. Arguments suggest that even though singers seea direct affectation on their income from royalties (CD sales), these lossesare compensated with the sales of their own brand items, concert tickets andadvertising contracts.On the other hand, for song writers, piracy does not affect their financesdirectly, but it does more on motivational terms. The theoretical analysis isbased on the income/outcome function as well as on the Cobb-Douglasproduction function type, which includes piracy as a negative external factor.

Keywords: Internet piracy; illegal musical exchange; music industry; external factors (search for similar items in EconPapers)
JEL-codes: D24 D62 L82 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:col:000370:010837

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