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  1. Let that sync in
    the effect of music reuse on product discovery
    Published: July 2024
    Publisher:  CESifo, Munich, Germany

    Digitization has importantly expanded the scope for reusing music in movies, a process known as music synchronization. We use panel data on Netflix and Shazam to estimate the causal effect of music synchronization on the discovery of reused songs.... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
    No inter-library loan

     

    Digitization has importantly expanded the scope for reusing music in movies, a process known as music synchronization. We use panel data on Netflix and Shazam to estimate the causal effect of music synchronization on the discovery of reused songs. Our results show that songs are substantially more likely to be discovered via Shazam’s music recognition algorithm when reused in movies that get more Netflix exposure, even after controlling for song quality. We further show evidence of reuse in movies positively affecting song consumption on the Spotify charts, indicating that movies play a significant role in boosting the demand of reused music. These results have important implications for the policy debate on copyright and fair use and can additionally inform the negotiation of licensing rights between movie producers and music rightholders. They additionally improve our understanding of how innovations enabled by digitization can affect the content industries.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/302734
    Series: CESifo working papers ; 11249 (2024)
    Subjects: copyright; reuse; digitization; recorded music; music synchronization
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  2. The circular economy
    Published: May 2024
    Publisher:  CESifo, Munich, Germany

    Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 63
    No inter-library loan

     

    Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to encourage green design, and to make better use of products in ways that reduce waste. This essay attempts to discuss circular economy in economists’ language about market failures, distributional equity, and policies that can raise economic welfare by making the appropriate tradeoffs between fixing those market failures and achieving other social goals.

     

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/300037
    Series: CESifo working papers ; 11109 (2024)
    Subjects: disposal; dumping; environment; extraction; litter; policy; product design; recycling; remanufacturing; repair; reuse; social justice; sustainability
    Scope: 1 Online-Ressource (circa 20 Seiten), Illustrationen