Indie Music

Empirical Literature on Indie Music. To update the empirical literature on the impact of the Internet on the music industry, scholars have created a time series multiple regression model with observations from 1973-2011 using the log of record sales by real value as the dependent variable and several other independent variables including Internet-related factors and […]

Indie Music- Alternative Demand Factors. Personal income is nearly always a demand factor worth discussing, especially in the case of goods that fall outside the realm of necessity. Historically, in the case of indie music, the recession of the early 80s serves as an example of its possible tie to sales. Real GDP actually experienced

Indie Music-Trends 1. Peer-to peer file sharing services may have actually helped assist in establishing a market for digital singles even before legal means of selling them existed. As discussed in my blog Indie Music- Trends, applications such as Napster had user friendly interfaces that allowed illegal downloaders to search the names of virtually any

Indie Music- Trends. The rise in the use of Internet was a movement counter to that of record sales for indie music. Both access to the Internet and high-speed connections, represented by broadband penetration, have seen a steady increase since the start of the millennium. As discussed in my blog Trends in Record Sales of

Trends in Record Sales of Indie Music. The value of record sales for indie music commenced a steep fall at the turn of the century that they are yet to recover from. Early on, the RIAA took legal action seeing Napster and illegal piracy as the culprit, and they certainly had a valid case. However,

Indie Music-Historical Movements in Record Sales. Before delving into a deeper empirical approach, an updated look at the basic trends within indie music record sales can help us formulate some initial hypotheses about its relationship to the rise in the prevalence of the Internet. The invention of internet has had many direct and indirect effects

Research Models on Prediction of the Indie Music Industry-6. In 2007, musician Prince gave away free copies of his album at his concert effectively including the price of the CD with the purchase of a ticket. Although this might work for established artists with a loyal fanbase, people will likely not purchase tickets for a

Research Models on Prediction of the Indie Music Industry-5. Social media and online communities make it easier for consumers to connect with and learn about their favourite indie artists and make right choices in purchasing their music. In this way, the digital age has revolutionized the methods and lowered the cost of nearly every aspect

Research Models on Prediction of the Indie Music Industry-4. If you have been following my previous articles on music copyrights and royalties, by now you should have a good understanding of the fundamentals. It might be wise to re-read those articles, or bookmark them to grab back whenever you encounter a subject that I have

Research Models on Prediction of the Indie Music Industry-3. Waldfogel’s 2010 paper is one of the first to attempt to try revaluating the effect of music file sharing in the “iTunes era.” With the emergence of legal digital distribution, consumers now have the ability to buy, rather than steal, individual songs, with added benefits such