Ruth Towse
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View article: Do we need a new economic approach to the creative economy in the digital era?
Do we need a new economic approach to the creative economy in the digital era? Open
The economics of creative industries is at the confluence of two streams of change: one due to the widespread adoption of digital technologies and the other in the theories needed to understand their effects. I discuss these changes in ter…
View article: Dealing with digital: the economic organisation of streamed music
Dealing with digital: the economic organisation of streamed music Open
The intervention of digital service providers (DSPs) or platforms, such as Spotify Apple Music and Tidal, that supply streamed music has fundamentally altered the operation of copyright management organisations (CMOs) and the way song-writ…
View article: Introduction
Introduction Open
Over the past sixty or so years, cultural economics has established itself as a field of study that is relevant to arts organisations, creative industries, cultural policy and, increasingly, to economic policy for growth and development. I…
View article: Teaching cultural economics
Teaching cultural economics Open
The author lays out her journey to specialization in cultural economics from her school days to the present. Along the way, she was involved in setting up the Master’s degree in Cultural Economics and Cultural Entrepreneurship at Erasmus U…
View article: Introduction
Introduction Open
The introductory chapter sketches the scope of cultural economics and the structure of the book, which is specifically addressed to teachers. The book begins with five chapters by the editors and other experienced teachers of cultural econ…
View article: Figuring it out: Applying economics to copyright royalty rates for streamed music
Figuring it out: Applying economics to copyright royalty rates for streamed music Open
Economists are often, even regularly, used as consultants to the various parties involved in the process of regulating copyright and as witnesses in court procedures to set royalty rates. What insights from economic analysis do they offer?…
View article: Copyright Reversion in The Creative Industries
Copyright Reversion in The Creative Industries Open
The European Commission proposal to harmonize fair remuneration in Member States in EC “on copyright in the Digital Single Market” included the proposal to harmonize a right to contract reversion. Fair remuneration is an ambiguous concept …
View article: Copyright auctions and the asset value of a copyright work
Copyright auctions and the asset value of a copyright work Open
Research on the economic history of copyright and music publishing turned up an unusual source of data on the value of copyrights, namely detailed accounts of public auctions of musical items that were held in London between 1794 and 1960 …
View article: Economics of collective management organisations in the creative industries.
Economics of collective management organisations in the creative industries. Open
Collective Management Organisations (CMOs) manage the various rights granted in copyright law to creators and performers in a range of creative industries – broadcasting, live performance, journalism, publishing, the music industry, visual…