Technology Review - Published By MIT
Advertisement

TR Editors' blog

Insights, opinions, and our editors' analysis of the latest in emerging technologies.

Blog Topics

Recent Posts

Recent Comments

  • jmaximus9 : The only thing this will do is send the last vestige of American manufacturing to China and...
  • gognod : Why should an employee have to spend an extra 2.5 hours a week at the office and not get paid for...
  • chir0pter : hahahaha
  • jjbaulikki : "While cautioning that the Berlin case could be a fluke" well of course it could be a Fluke
  • plasticdoc : Even though US politicians are aware of European failures in similar policies,they will repeat...
  • Siroilas : I hope you were not serious about altering the gene expression of animals just to create more...
  • danbloom : Do we need a new word for the kind of reading we do on a screen?  by Danny Bloom OPED  "Do we...
  • ... : Hopefully the use of composites in structural elements is not a mistake, but thanks for catching...
  • ... : although the 787 is the first to use composites for a majority of the critical aircraft surfaces...
  • rttedrow : That's a little too aggressive for me; too much road rage and too many drivers packing "heat." ...
Advertisement
Monday, November 21, 2005

The P2P Economy of Art

A new economic study found that file-sharing likely helps lesser-known artists, while hurting the more well known.
By Brad King

There's long been a discussion about the economic impact of file-sharing on the artistic community, but there's been precious little data to actually have a real discussion about the potential effects of P2P networks. Instead, the technorati and media companies have staked out polar opposite positions, dug in their heels, and screamed at each other since 1999.

There is a new study called P2P, Online File-Sharing, and the Music Industry that sheds some light on the phenomenon, although the researchers are quick to point out that there the results are derived from limited data. One interesting finding from the summary introduction:

the 'bottom' 3/4 of artists sell more as a consequence of file-sharing while the top 1/4 sell less

The first point is basically what those of us who have been following the phenomenon would expect: unknown musicians derive more popularity from having their work on these networks, and are exposed to more consumer; while popular musicians, who have a multitude of tracks available to a huge public, are losing sales.

What this creates is a much more complex question of how these networks should be monitored or controlled, since -- if we believe that musicians, whether popular or not, should all be protected equally regardless of status -- there are differing effects on artists. Adding to the complexity of the issue is this: there is a societal formula in this study, which measures the social impact of these networks delivering music and compares that with the economic loss of the music industry.

Thanks to BoingBoing for the heads-up.

Advertisement

Comments

  • More Info?
    Great post.

    Where can I find more info?

    Micah
    http://www.paintboothtechnologies.com
    Rate this comment: 12345
    Guest (paint)
    11/23/2005
    Posts:1
    • So True...
      I really think this is so true - Ive been introduced to so many new bands, in which then I go to their concerts and buy their merch...

      Who cares about mainstream?
      Rate this comment: 12345
      Guest (Minger)
      11/25/2005
      Posts:1
    • So True...
      I really think this is so true - Ive been introduced to so many new bands, in which then I go to their concerts and buy their merch...

      Who cares about mainstream?
      Rate this comment: 12345
      Guest (Minger)
      11/25/2005
      Posts:1
  • More Info?
    Great post.

    Where can I find more info?

    Micah
    http://www.paintboothtechnologies.com
    Rate this comment: 12345
    Guest (paint)
    11/23/2005
    Posts:1
Advertisement

Log In

Forgot your password?     Register »
Advertisement
Technology Review July/August 2009

Current Issue

Search Me
Inside the launch of Stephen Wolfram’s new “computational knowledge engine.”
•  Subscribe
Save 41%
•  Table of Contents
•  MIT News
» Gift Subscription
» Digital Subscription
» Reprints, Back Issues
» Subscribe
» Table of Contents
» MIT News

More Technology News from Forbes

Advertisement
MIT Massachusetts Institute of Technology © 2009 Technology Review. All Rights Reserved.