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A new revenue model: a different approach to reduce music piracy

A new revenue model: a different approach to reduce music piracy There is no evidence that various proposed technological barriers have been effective in stopping music piracy. Different studies have proposed either anti-piracy or pro-piracy ways to solve the music industry's problems, but piracy still exists. In this paper, we build a mathematical model of a new revenue model which the music industry could implement in order to curb piracy. Our findings suggest that music industries should incorporate versioning of their products to target different types of consumers. Additionally, our analysis shows that by using this approach, the music industry cannot only reduce piracy but also increase revenues. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Electronic Finance Inderscience Publishers

A new revenue model: a different approach to reduce music piracy

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1746-0069
eISSN
1746-0077
DOI
10.1504/IJEF.2011.041339
Publisher site
See Article on Publisher Site

Abstract

There is no evidence that various proposed technological barriers have been effective in stopping music piracy. Different studies have proposed either anti-piracy or pro-piracy ways to solve the music industry's problems, but piracy still exists. In this paper, we build a mathematical model of a new revenue model which the music industry could implement in order to curb piracy. Our findings suggest that music industries should incorporate versioning of their products to target different types of consumers. Additionally, our analysis shows that by using this approach, the music industry cannot only reduce piracy but also increase revenues.

Journal

International Journal of Electronic FinanceInderscience Publishers

Published: Jan 1, 2011

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