2019
DOI: 10.1177/1749975519839524
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Do People Value Recorded Music?

Abstract: How much do the majority of people value music, and can or should that level of value be reflected in music's economic value? The dramatic decline in the economic value of recorded popular music in the twenty-first century has prompted much debate about music being 'devalued' and the perceived 'value gap' between music's socio-cultural and economic values. Using the economic decline of recorded music as a springboard, this paper takes a different approach, however. It offers a theoretical analysis of popular m… Show more

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Cited by 37 publications
(13 citation statements)
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“…Or we can think of the whole range of research over the years that considers the economic, social and cultural value of popular music, employing related terms such as use value, exchange value, symbolic value, and so on (e.g. Taylor 2017; Marshall 2019). However, it is far less frequent that we discuss popular music in terms of the related concept of cost .…”
Section: Resultsmentioning
confidence: 99%
See 3 more Smart Citations
“…Or we can think of the whole range of research over the years that considers the economic, social and cultural value of popular music, employing related terms such as use value, exchange value, symbolic value, and so on (e.g. Taylor 2017; Marshall 2019). However, it is far less frequent that we discuss popular music in terms of the related concept of cost .…”
Section: Resultsmentioning
confidence: 99%
“…(We realize this is an artificially imposed metric, but the same could be said of any metric used to compare the changing price of recorded music over time.) Similar to the deployment of 'wallet share' as a tool for understanding the changing price of recorded music (Page 2011), we regard percentage of average weekly salary to be an imperfect but nevertheless useful concept to contribute to debates about the changing economic cost of recorded music consumption (for more on the challenges of researching the economics of recorded music at all, see Marshall 2019). We also chose to narrow our focus to commercial playback formats that were dominant in the market during the peak of their popularity.…”
Section: Economic Costmentioning
confidence: 99%
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“…(Singer-songwriter, Australia) However, many other interviewees who had participated in online collaboration and performance spoke about its negative side in comparison to physically co-present music-making, in terms of financial cost-benefit as well as immaterial rewards. Also for the Portuguese case, there is a critical and attentive look at the possible impacts of the proliferation of livestreams in live concerts, namely at the level of a possible devaluation/contestation of the payment of tickets to consume music (Marshall, 2019). This concern stems from the fact that many artists have performed free livestreams, and few have been able to get any kind of financial return from their online performances.…”
Section: Moving Online: a Mixed Blessingmentioning
confidence: 99%