國立虎尾科技大學 |

Essays on the Industrial Organization of the Modern Music Industry.

紀錄類型:	書目-語言資料,手稿 : Monograph/item
正題名/作者:	Essays on the Industrial Organization of the Modern Music Industry./
作者:	Konsor, Kellie J.
面頁冊數:	1 online resource (106 pages)
附註:	Source: Dissertation Abstracts International, Volume: 79-03(E), Section: A.
Contained By:	Dissertation Abstracts International79-03A(E).
標題:	Economics. -
電子資源:	click for full text (PQDT)
ISBN:	9780355257069

Essays on the Industrial Organization of the Modern Music Industry.
Konsor, Kellie J.

Essays on the Industrial Organization of the Modern Music Industry. - 1 online resource (106 pages)

Source: Dissertation Abstracts International, Volume: 79-03(E), Section: A.

Thesis (Ph.D.)

Includes bibliographical references

This dissertation contains three essays concerning the industrial organization of the modern recorded music industry particularly focusing on firm behavior as it relates to market structure. I use unique data on song characteristics and firm ownership to empirically investigate the variety-market structure relationship, acquisition behavior as it relates to product positioning and product release timing as it relates to firm structure.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780355257069Subjects--Topical Terms:

555568
Economics.
Index Terms--Genre/Form:

554714
Electronic books.

Essays on the Industrial Organization of the Modern Music Industry.
LDR:05128ntm a2200409Ki 4500 001 909990
005 20180511093033.5
006 m o u
007 cr mn||||a|a||
008 190606s2017 xx obm 000 0 eng d
020 $a 9780355257069
035 $a (MiAaPQ)AAI10289278
035 $a (MiAaPQ)purdue:21507
035 $a AAI10289278
040 $a MiAaPQ $b eng $c MiAaPQ
099 $a TUL $f hyy $c available through World Wide Web
100 1 $a Konsor, Kellie J. $3 1181038
245 1 0 $a Essays on the Industrial Organization of the Modern Music Industry.
264 0 $c 2017
300 $a 1 online resource (106 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Dissertation Abstracts International, Volume: 79-03(E), Section: A.
500 $a Adviser: Stephen Martin.
502 $a Thesis (Ph.D.) $c Purdue University $d 2017.
504 $a Includes bibliographical references
520 $a This dissertation contains three essays concerning the industrial organization of the modern recorded music industry particularly focusing on firm behavior as it relates to market structure. I use unique data on song characteristics and firm ownership to empirically investigate the variety-market structure relationship, acquisition behavior as it relates to product positioning and product release timing as it relates to firm structure.
520 $a In the first chapter, I revisit the research on the relationship between product variety and market structure in the music industry. I build on previous research by analyzing the relationship between variety and concentration using updated data as well as an updated measure of market concentration that considers the well-established relationship between rank and sales. I find a non-monotonic relationship similar to previous results---variety is low when concentration is both low and high. Even though the data for this analysis cover a pre- and post- digital era, the major technological change that occurred in the early 2000s does not seem to significantly affect variety.
520 $a In the second chapter, I focus on the relationship between the product portfolios of successful recording labels and their merger and acquisition behavior. The industry is dominated by a few major record labels which own a number of smaller sublabels; it is not uncommon for the sublabels to be acquisitions. Using data on song characteristics and acquisitions of labels and songs that have reached the top position on The Billboard Hot 100, I create a proximity measure using the musical characteristics of firm song portfolios to describe the distance between firms in product space which I use to estimate the relationship between firm relatedness and acquisition probability. I also characterize major labels by their most successful recordings as well as their acquisition behavior using principal components analysis. At the industry level, it appears acquisitions are more likely if the target and acquirer are producing similar music at the time of and prior to acquisition. I find that at the individual major level, major labels seem to have differing acquisition strategies---they are specializing along some musical dimensions but diversifying along others. Evidence suggests majors may be segmenting the market with respect to genres and are further specializing through acquisitions---behavior which could be mitigating the competition among the three remaining major labels.
520 $a The third chapter investigates how firm ownership and product releases are related. Major consolidation has occurred in the recorded music industry over the past 20 years which has led some industry stakeholders to question the power and influence of the major remaining firms. I test whether there is evidence that subsidiaries of the large parent firms in this industry act as a cohesive unit or if they focus on maximizing their own profit without taking into consideration the effect they have on sister firms (other firms owned by the same parent). I do so by analyzing how release date timing differs between labels that are owned by the same parent company and those that are not. Using data on release dates, song/artist characteristics and label ownership for the top-10 Billboard Hot 100 hits from 1990 to 2013, I am able to compare the length of time between releases for songs released by co-owned labels and songs released by separately owned labels. I find that overall, there is not a systematic difference in the release of songs produced by the same major compared to songs produced by different majors. These results suggest that subsidiary labels may in fact be acting independently---not internalizing the effect they have on sister firms.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
650 4 $a Economics. $3 555568
650 4 $a Organizational behavior. $3 557544
650 4 $a Marketing. $3 557931
650 4 $a Music. $3 649088
655 7 $a Electronic books. $2 local $3 554714
690 $a 0501
690 $a 0703
690 $a 0338
690 $a 0413
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a Purdue University. $b Economics. $3 1181039
773 0 $t Dissertation Abstracts International $g 79-03A(E).
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=10289278 $z click for full text (PQDT)