Indie Music – Phenomenon of Growth. In response to the lowered demand, the price of audio products for the indie music industry also saw a rare decline from 1982 to 1985. The advances of the Internet have made wide distribution of music easy and affordable, allowing some indie artists to forego the former necessity of […]
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Indie Music – Revised Ways. Music festivals greatly aided the recent spike in total ticket sales, as larger scale venues and multiple artists allow them to expand their audience and charge a higher price at the same time. Meanwhile, average gross per event within the top 100 has fallen in recent years. This suggests less
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Indie Music – Spiked Roles. The recent spike in total ticket sales has likely been greatly aided by festivals, whose larger scale venues and multiple artists allow them to both expand their audience and charge a higher price. As discussed in my blog Indie Music – The Shift in Concert Sector, this could also potentially
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Indie Music – The Shift in Concert Sector. Internet is a great platform for budding indie artists to get noticed and build a fan base. Getting booked at a music festival gives them a chance to connect with a larger audience and bring out their best talent. As discussed in my blog Indie Music –
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Indie Music – Concerts. The drastic fall of record sales in the early 2000s coincided with consecutive record-breaking years in terms of revenue for the concert industry. The more accessible means of distribution and greater opportunities for consumption, while hurting the sale of pre-recorded indie music, may have served as a powerful sampling mechanism for
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Indie Music – Trends in Concert Industry. The regression model discussed in my previous blog Indie Music Industry – Change in Functioning, gives a detailed understanding of the possible relationship of price of indie music videos with record sales of indie music. Initially, only the price of video from 1998-2011 proves statistically significant showing the
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Indie Music Industry – Change in Functioning. The prices of audio and potential substitute goods for indie music prove largely statistically insignificant throughout the study that has been discussed in my blog Indie Music – Entertainment Products. A lot of barriers within the production, promotion and distribution system were broken for the indie artists with
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Indie Music – Entertainment Products. The widespread use of the internet birthed phenomena such as social media and online communities, which would play a large role in the music industry as the 21st century continued. As discussed in my blog Indie Music – Broadband Penetration, with widespread legal digital distribution becoming available in 2004, consumers
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Indie Music – Broadband Penetration. The millennium variable is a simple time trend, from 1-12, beginning in the year 2000. This has been discussed in detail in my blog Indie Music – The Substitutive Model, and was included to explain any other Internet and technology factors might not be represented in the dependent variables. The
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Indie Music – The Substitutive Model. Presenting additional variables to a model already restricted by many variables, may present an issue in terms of explanatory power. This data manipulation also has potential downfalls mainly by comparing indices that include differing bundles of products. Understanding that this article is a part of a larger article about
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