A new revenue model: a different approach to reduce music piracy

Vishal Midha, Punit Ahluwalia and Jerald Hughes

International Journal of Electronic Finance, 2011, vol. 5, issue 3, 249-260

Abstract: There is no evidence that various proposed technological barriers have been effective in stopping music piracy. Different studies have proposed either anti-piracy or pro-piracy ways to solve the music industry's problems, but piracy still exists. In this paper, we build a mathematical model of a new revenue model which the music industry could implement in order to curb piracy. Our findings suggest that music industries should incorporate versioning of their products to target different types of consumers. Additionally, our analysis shows that by using this approach, the music industry cannot only reduce piracy but also increase revenues.

Keywords: music piracy; e-finance; revenue models; analytical models; online music; ad-sponsored music; electronic finance; mathematical modelling; music industry; music downloads. (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=41339 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijelfi:v:5:y:2011:i:3:p:249-260

Access Statistics for this article

More articles in International Journal of Electronic Finance from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().