Bundling may have been a better term. Interestingly this space has been and continues to be highly regulated by the government. Since 1908, the physical mechanical royalty rate has been set by the government rather than the market. Since the music modernization act in 2018, the mechanical system for streaming has also been controlled by …
Bundling may have been a better term. Interestingly this space has been and continues to be highly regulated by the government. Since 1908, the physical mechanical royalty rate has been set by the government rather than the market. Since the music modernization act in 2018, the mechanical system for streaming has also been controlled by the government. So in one sense it is completely government controlled.
Bundling may have been a better term. Interestingly this space has been and continues to be highly regulated by the government. Since 1908, the physical mechanical royalty rate has been set by the government rather than the market. Since the music modernization act in 2018, the mechanical system for streaming has also been controlled by the government. So in one sense it is completely government controlled.
Joel Waldfogel does great, careful economics research focused on the music industry, if you want to check his work out.
I’ve actual read his book digital renaissance which is quite good