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Figuring it out: Applying economics to copyright royalty rates for streamed music.

Towse, R., 2020. Figuring it out: Applying economics to copyright royalty rates for streamed music. Review of Economic Research on Copyright Issues, 17 (2), 1 - 22.

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Abstract

Economists are often, even regularly, used as consultants to the various parties involved in the process of regulating copyright and as witnesses in court procedures to set royalty rates. What insights from economic analysis do they offer? Are their contributions widely accepted or controversial? The article offers two case studies relating to streamed music: the US Copyright Royalty Board (CRB)’s judgement on Phonorecords III, and the discussion on ‘user-centric’ versus ‘pro rata’ methods for distributing music streaming royalties by CMOs. Both clearly demonstrate the conflict between efficiency and equity principles; however the main focus of the article is the extent to which ‘platform economics’ was adopted in the discussions of music streaming and how, if at all, that approach influenced procedures.

Item Type:Article
ISSN:1698-1359
Group:Faculty of Media & Communication
ID Code:35253
Deposited By: Unnamed user with email symplectic@symplectic
Deposited On:09 Mar 2021 09:39
Last Modified:15 Aug 2021 08:28

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