The Dynamics of Chart Success in the U.K. Pre-Recorded Popular Music Industry

In this paper we investigate the dynamics of chartsuccess in the U.K. pre-recorded popular music industryover the period 1980 to 1993 using the British albumchart listings. We find that the incidence of chartsuccess is substantially skewed to the right, whethermeasured by total weeks spent per artist, averageweeks spent per album, or the total number of albumslisted per artist. We subsequently investigatepossible determinants of the length of chart survivalof albums in order to determine what may be drivingthe observed skewness. Our results indicate that thetype of album, seasonal demand, and initial popularityplay an important role in ensuring continued chartlisting of an album.     

Efficiency and Inefficiency in the Ranking in Competitions: the Case of the Queen Elisabeth Music Contest

The Queen Elisabeth Contest is one of the most prestigious competitions in classical music. For both the artists who participate and for the public, it is important that the ranking of the finalists be affected as little as possible by exogenous factors relating to the organisation of the competition. Still, it is impossible to control for all contingencies. Thus, the ranking can be expected to deviate from that obtained in a hypothetical full-information assessment process. As such, the ranking may be unfair to the candidates and inefficient in providing information to the consumer. Deviations from the full-information ideal may result from self-selection of candidates, from positive information at the margin, and from differences in circumstances. Analysing data on all piano and violin versions of the Contest over the period 1956–1999, we find strong evidence of biases in the rankingprocess. Confirming previous research, we find that musicians who perform later in the final week or later on a given day in this week (on average) obtain a better classification. Further, in the piano competitions women obtain lower rankings and, prior to 1990, finalists from the Soviet Union obtained higherrankings than average. The jury appreciates innovation in the sense that musicians who perform a more recently composed concerto obtain a higher rank. Finally – especiallyfor violin – the candidate's decision to perform a popular concerto leadsto a lower ranking.     

Competition and the Non-Profit Arts: The Lost Industrial Organization Agenda

The recent industrial organization focus on transaction costs and vertical contracting within the cultural industries (Caves, R.E. 2000, Creative Industries: Contracts between Arts and Commerce. Harvard University Press, Cambridge) stands in contrast to the near abandonment of an earlier literature on horizontal firm interaction and competitive conditions within the performing arts (e.g., Throsby, C.D. and Withers, G.A. 1979, The Economics of the Performing Arts. Edward Arnold, London.; Gapinski, J.H. 1986, J.H. American Economic Review 76(2): 20–25). That incomplete but promising agenda was overwhelmed by the emphasis on non-profit arts firms acting as near natural monopolies, as reflected by Throsby himself (Throsby, D., 1994, Journal of Economic Literature 32: 1–29) and Blaug's survey (Blaug, M., 2001, Journal of Economic Surveys 15: 123–143). This paper resuscitates these earlier inter-firm hypotheses, identifies surprising contrasts with Caves' less frequent horizontal observations, and encourages a revival of interest in studying the effects of competition in the non-profit arts.     

The Evolution of Free-Lance Music Composition, 1650–1900

Using qualitative histories and coded data on 645 composers born between 1650and 1849, this article traces the evolution of free-lance activity by musiccomposers over the course of two centuries. Contrary to widely advancedsuppositions, many composers were pursuing free-lance composition as the 17thcentury ended, although more for opera than instrumental music writing. Fromthat time on, free-lance composition expanded steadily, replacing employmentby the church and the nobility. A growing number of composers also acted asimpresarios in organizing their own opera or concert performances. Composersearned their bread in many other ways too. There were clear rising trends intheir employment as private orchestra directors and conservatory professors.     

How Relevant is Transaction Cost Economics to Inter-Firm Relationships in the Music Industry?

This paper applies the transaction cost framework to the organisation of product sourcing and development (PS&D) activities within the popular music industry. Two firm types characterise the industry and this particular set of activities; large multinational firms (`majors') and smaller regionally bound companies (`independents'). We find that the Transaction CostEconomies framework of Oliver Williamson (1985, 1999) provides only a partial explanation for the observed hybrid organisational structures established by the two firm types. A more sensitive model can be achieved by including a number of moderating variables drawn from the socially constructed and situationally dependent idiosyncrasies of the assets involved in the PS&D activities under consideration.     

Competition,Concentration and Diversity in European Television Markets

This study investigates how competition, concentration and public broadcasters influence diversity of programme supply in European television markets. It focuses on free, national generalist channels; studies programmes as provided throughout the day; and tests hypotheses with data on Finland, France, Germany, Greece, Italy, the Netherlands, Spain and the U.K. for the late 1980s and 1990s. It concludes that competition is moderate in most markets. Under these conditions, competition and concentration contribute to a diverse supply of programmes that mirrors audience demand, while public broadcasters increase diversity of supply above competitive market levels.     

城市复兴政策下的伯明翰的建筑与城市设计

英国城市复兴运动诞生于20世纪末,它以伦敦为中心,对全英城市影响都很广。其中伯明翰旧城中心区的再开发是规模比较大、效果比较好的例子。概要介绍了英国城市复兴运动的背景、内容和伯明翰城市的基本情况。详实展示了伯明翰中心区的城市设计、主要大型公共建筑如新街火车站、Bullring购物中心、伯明翰新图书馆、Mailbox购物中心和Cube写字楼,以及布林德利酒吧区、运河整治等。总结了这些建筑与城市设计对伯明翰城市经济与社会发展的良好促进作用及对当前中国城市建设的有益启示。     

The Court's System of Incentives and the Socio-Economic Status of Court Musicians in the Late 16th Century

This paper investigates the compensation of Court musicians in the late 16thcentury, a period of transitionfrom a medieval feudal system to a market economy. Using data from theTyrolian archives, the paper demonstratesthat one cannot measure the socio-economic status of Court musicians in theHousehold of Archduke Ferdinand IIin Innsbruck only by their wages, but that one must also take intoconsideration all of the financial, material, andnon-material incentives that a Court might provide in the late 16th century.The incentives provided byArchduke Ferdinand's Court in Tyrol constitute a patronage system that isrepresentative of other Courts at the time.     

The dynamics of product differentiation in the British record industry

The paper conducts a statistical analysis of the dynamics of the sale of new music (product differentiation innovation) in the record industry. In pursuing this goal the paper generates new data and analyses a previously unutilized data set. The paper finds that there is a strong correlation between new music innovation in the audio singles and albums market. This is found to be mainly concurrent in the same quarter and to have a reasonably short product life. The paper discovers that these features also characterise the dynamics of record company performance. The research indicates that record companies are willing to sell singles at a loss due to advertising rather than learning externalities. At the industry level, the paper finds that new music innovation does not effect market size significantly and mainly causes business stealing effects between record companies, with exceptional cases of multiplier effects.     

The Rise and Fall of the Science Advisor to the President of the United States

The president’s science advisor was formerly established in the days following the Soviet launch of Sputnik at the height of the Cold War, creating an impression of scientists at the center of presidential power. However, since that time the role of the science advisor has been far more prosaic, with a role that might be more aptly described as a coordinator of budgets and programs, and thus more closely related to the functions of the Office of Management and Budget than the development of presidential policy. This role dramatically enhances the position of the scientific community to argue for its share of federal expenditures. At the same time, scientific and technological expertise permeates every function of government policy and politics, and the science advisor is only rarely involved in wider White House decision making. The actual role of the science advisor as compared to its heady initial days, in the context of an overall rise of governmental expertise, provides ample reason to reconsider the role of the presidential science advisor, and to set our expectations for that role accordingly.

The Determinants of Artistic Innovation: Bringing in the Role of Organizations

This article deals with the determinants of artistic innovation by arts organizations. First, we define artistic innovation. Second, we review the literature on its determinants, identifying some gaps. In particular, we observe that existing research mostly focuses on macro-environmental factors and tends to ignore the role of the organizations themselves. Thus, drawing from the organizational literature on innovation we formulate testable propositions that relate organizational factors to artistic innovation. We hope that our focus on organizational factors contributes to a more comprehensive framework on the determinants of artistic innovation in particular and programming in general.     

The welfare and equity implications of competition in television broadcasting: the role of viewer tastes

This paper studies the behavior of commercial television broadcasters in markets where the distribution of viewer tastes varies. Our results show that a highly “clustered” market enables the broadcaster to offer a program of a popular type but with lower quality (i.e., lower production values) than is the case when viewers have more diffused tastes. We find that viewer equity in the television market (i.e., the percentage of all potential viewers who have at least one program they consider worth watching) and viewer welfare (i.e., total consumer surplus) may not coincide. Depending upon the distribution of viewer tastes and the cost of providing quality programming, the number of broadcasters required to fully cover the market to avoid market failure may be greater than the number of broadcasters that produce greater viewer welfare. The study suggests that regulatory bodies need to pay attention to the distribution pattern of viewer tastes and the broadcasters' desire for return on programming investments, since both factors have important implications for competitive outcomes and viewer well-being.     

The business of film music in mainstream Nollywood: competing without advantage

This article addresses the business of film music in mainstream Nollywood. It does so by focusing on the materiality of the industry as an institution: its social organisation and systems of film music production; markets; networks; and power relations. Specifically, the arguments rely on social organisational theories, and economic concepts such as vertical integration and market competition alongside inferences from interviews with insider-practitioners. Findings reveal that the Nollywood film music industry is characterised by non-institutionalised vertical integration within a perfectly competitive market in which its film music composers are, essentially, competing without advantage.     

The editorial playlist as container technology: on Spotify and the logistical role of digital music packages

ABSTRACT

This article explores the role of editorial playlists in Spotify’s streaming economy. In particular, it approaches Spotify’s playlists as container technologies – i.e. technical solutions that assemble, preserve, and transport music objects and thereby uphold logistical operations within the music industry. Such an approach seeks to complement previous research concerning playlists, which has often analyzed their emotional and affective dimensions but paid less attention to how playlists enhance calculative, mathematical, and logistical retail flows within the online music economy. On the one hand, the article considers how playlists – like containers in general – materialize principles of modularization and automation in ways that enhance control and remote oversight. On the other hand, it discusses how the playlist is far from a perfected means of measurement and control, and sometimes acts as an unruly transport device. Ultimately, the article shows how the playlist format occupies an uneasy position between order and disorder within the digital music economy which has not yet been fully accounted for in the context of music-oriented media studies.     

State Support and Creativity in the Arts: Some New Considerations

Neglected aspects of state support for the arts are discussed through posing two questions. First, “What kind of state is providing that support?” The extent and type of public support and its effects on the arts crucially depends on whether the state is centralised or decentralised, and on whether it is authoritarian or democratic. Second, “How is artistic creativity fostered?” ”Institutional creativity” is best supported by attributing a large role to the market and market-like institutions. “Personal creativity” hinges on intrinsic motivation, which may be crowded out by different types of public support. Important consequences for the public support of the arts follow.     

The Competition between High Culture and Popular Culture as Seen in the New York Times

The Sunday “Arts and Leisure” section of the New York Times for selected years is examined to gauge competition between “high” culture and “popular” culture. From 1962 through 1988 high culture consistently outranked popular culture in percentage of articles, but after 1988 popular culture gained steadily, and by 1993 accounted for 49 percent of articles as compared with only 39 percent for high culture. Most of the gain was accounted for by coverage of motion pictures. For two out of four sub-categories a significant correlation was found between editorial content and advertising, so that one cannot reject the hypothesis that advertising affects editorial coverage. This revised version was published online in August 2006 with corrections to the Cover Date.