Showing archive for: “Music Industry”
FTC’s Latest RPM Investigation: Sound and Fury Signifying Nothing?
Once again displaying its tenacious devotion to old Dr. Miles, the FTC is investigating whether makers of musical instruments and audio equipment have engaged in illegal resale price maintenance (RPM). Yesterday’s WSJ reported that the Commission has issued subpoenas to a number of prominent musical instrument manufacturers, including Fender, Yamaha, and Gibson, as well as ... FTC’s Latest RPM Investigation: Sound and Fury Signifying Nothing?
Cross-Price Elasticity of Demand, Diddy Edition
It’s not quite a bump in scooter sales or farmers switching from tractors to mules in response to rising gasoline prices: The hip-hop mogul said he is now flying on commercial airlines instead of in private jets, which Combs said had previously cost him $200,000 and up for a roundtrip between New York and Los ... Cross-Price Elasticity of Demand, Diddy Edition
The Filesharing Debate Gets Ugly
David Glenn brings us the latest in the filesharing dispute. HT: Peter Klein, who says sensible things about the newest, and ugliest piece of the controversy: Strumpf suggests that Liebowitz is pressing the issue so zealously because Liebowitz’s center at UT-Dallas receives funding from the RIAA and “other commercial interests,” a charge I find shockingly ... The Filesharing Debate Gets Ugly
Is free Radiohead a substitute for expensive Radiohead?
I’d have to say the answer is yes (duh). Radiohead’s In Rainbows made a stunning “official”debut, coming out at number 1 on the Billboard chart with 122,000 US sales in the first week. But Radiohead’s last album, Hail to the Thief, debuted at number 3, selling 300,000 copies in its first week. The band must ... Is free Radiohead a substitute for expensive Radiohead?
More from the Lifestyle Gestapo
First is was smoking in private places (even when the smoking has obviously expressive value). Then it was trans fats. Now it’s swearing, drinking contests, and “profane music.” If you don’t like what an establishment is selling, don’t go there.
Not that you asked . . . the best music of 2007
I’ve been inspired by Lynne’s music favorites post (mainly so I can share my disagreement with her–and one big agreement). It’s a bit off-topic for this blog, but some of you must be music fans. And in the spirit of taking advantage of a platform while you have it, I thought I’d share my picks ... Not that you asked . . . the best music of 2007
Radiohead results
The results are in: Radiohead did . . . ok. Before I share the specifics, let me remind you of what one seemingly prescient prognosticator said a few weeks ago: My prediction: They will receive an average price of $2 and a median price of $0.  So what happened? Of those who downloaded Radiohead’s digital ... Radiohead results
"Free is More Complicated Than You Think"
So says Scott Adams, creater of Dilbert and now author, in today’s WSJ. The context might interest TOTM readers who’ve been following the Radiohead/ voluntary pricing discussions here and elsewhere: A few years ago I tried an experiment where I put the entire text of my book, “God’s Debris,” on the Internet for free, after ... "Free is More Complicated Than You Think"
TOTM Gets Ranked …
TOTM is never above a little bit of self promotion. In that spirit, I’m very pleased to announce that we’ve made #64 on Brian Gongol’s rankings of business and economics blogs. Aaron Schiff, author of an excellent new (at least to me) economics blog called 26econ.com, also has a new set of rankings for economics ... TOTM Gets Ranked …
Yet Another Voluntary Pricing Experiment
This time from Paste Magazine (HT: Peter Schwartz via Wired Blog Magazine), and motivated by the Radiohead Experiment, and with an interesting twist: Subscribers who choose to pay more than the normal $19.95 asking price will have their names printed in an upcoming issue of the magazine, but the entire year-long subscription can in fact ... Yet Another Voluntary Pricing Experiment
Radiohead revisited
I started writing this as a comment to Josh’s last post, but it got so long I figured I’d make a post out of it. Thanks for the inspiraiton, Josh. I really hope Radiohead releases the data on its little experiment! My prediction: They will receive an average price of $2 and a median price ... Radiohead revisited
An Online Experiment in Voluntary Pricing
I’ve previously discussed the voluntary pricing strategy taken by restaurants and cafes in a handful of states to offer food and drink for free and allow customers to decide whether and how much they would pay.  I was rather skeptical about the profitability of this strategy in the retail setting. But it looks like we ... An Online Experiment in Voluntary Pricing
