Copyright Complements and Piracy-Induced Deadweight Loss
نویسنده
چکیده
Most of the alternative revenue streams proposed by commentators (including touring, adverting and merchandizing) had been feasible and actually in existence long before the advent of the digital age. But they used to play more of a secondary role in music businesses until uncontrolled online piracy recently started to undermine music sales. This fact suggests a straightforward yet undervalued point that alternative revenue streams are not without their own costs, which in some market settings could be rather substantial.
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