independent music

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 […]

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

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

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

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