DOI QR코드

DOI QR Code

The Emergence of New Media and Its Effects on the Popular Music Industry

뉴미디어의 출현이 대중음악산업에 미치는 영향

  • Choi, Hwanho (Manchester Business School, University of Manchester) ;
  • Chung, Jaekwon (College of Business Administration, Kookmin University)
  • 최환호 (맨체스터 비즈니스 스쿨, 맨체스터대학교) ;
  • 정재권 (국민대학교 경영학부)
  • Received : 2013.08.29
  • Accepted : 2013.10.10
  • Published : 2013.10.31

Abstract

The Internet has had a significant impact on the operations of record companies and has transformed the role of music consumers. Active music consumers are regarded as not just consumers but also co-creators and innovators who create value; therefore, firms need to create environments in which they can learn from consumers. Prior studies exist on the effects of the Internet on the music business, including its structure and culture. However, these studies did not focus on exploring how the relationship between record labels and consumers changed, how networked music consumers influence value creation and how record labels are responding, and the difficulties from using and the drawbacks of interactive media and new business models in the music market. This study investigates these issues through interviews.

인터넷의 발전과 정보기술의 도입으로 음반회사의 비즈니스 환경은 급속도로 변화하였다. 소비자의 역할은 단순히 콘텐츠를 소비하는 것을 넘어, 적극적으로 콘텐츠 창출에도 기여하는 공동의 창조자 (co-creator) 역할로 확장되었다. 본 연구에서는 기존의 연구가 밝히지 않았던 음반회사와 소비자의 관계변화에 초점을 맞추어, 소비자들이 어떻게 가치창출에 영향을 주고 음반회사는 어떻게 대응하는지를 분석하였고, 본 연구의 결과는 이론적인 공헌과 함께 실무적으로도 의미 있는 인사이트를 도출하고 있다.

Keywords

References

  1. G. Graham, B. Burnes, G. Lewis, J. Langer, "The Transformation of the Music Industry Supply Chain: A Major Label Perspective", International Journal of Operations & Production Management, Vol.24, No.11, pp.1087-1103, 2004. DOI: http://dx.doi.org/10.1108/01443570410563241
  2. S. Jones, "Music That Moves: Popular Music, Distribution and Network Technologies", Cultural Studies, Vol.16, No.2, pp.213-232, 2002. DOI: http://dx.doi.org/10.1080/09502380110107562
  3. C. Lam, B. Tan, "The Internet is Changing the Music Industry", Communication of the ACM, Vol.44, No.8, pp.62-68, 2001. DOI: http://dx.doi.org/10.1145/381641.381658
  4. IFPI, "IFPI Digital Music Report 2010: Music How, When, Where You Want It", IFPI, 2010.
  5. M. Styven, "The Intangibility of Music in the Internet Age", Popular Music and Society, Vol.30, No.1, pp.53-74, 2007. DOI: http://dx.doi.org/10.1080/03007760500503442
  6. N. K. Baym, R. Burnett, "Amateur experts: International fan labour in Swedish independent music" International Journal of Cultural Studies, Vol.12, NO.5, pp.433-449, 2009. DOI: http://dx.doi.org/10.1177/1367877909337857
  7. M. D. Kibby, "Home on the Page: A Virtual Place of Music Community", Popular Music, Vol.19, No.1, pp.91-100, 2000. DOI: http://dx.doi.org/10.1017/S0261143000000064
  8. C. K. Prahalad, V. Ramaswamy, "Co-opting Customer Competence", Harvard Business Review, Vol.78, No.1, pp.79-87, 2000.
  9. C. K. Prahalad, V. Ramaswamy, "Co-Creation Experiences: The Next Practice in Value Creation", Journal of Interactive Marketing, Vol.18, No.3, pp.5-14, 2004. DOI: http://dx.doi.org/10.1002/dir.20015
  10. C. K. Prahalad, V. Ramaswamy, "The Co-Creation Connection", Strategy & Business, Vol.27, pp.1-12, 2002.
  11. P. B. Evans, T. S. Wurster, "Strategy and the New Economics of Information", Harvard Business Review, Vol.75, No.5, pp.70-82, 1997.
  12. M. Sawhney, P. Kotler, Marketing in the Age of Information Democracy, In: D. Ivcobucci (ed), Kellogg on Marketing, New York: Wiley, pp.386-408, 2001.
  13. T. O'Reilly, J. Battelle, "Web Squared: Web 2.0 Five Years On", Web 2.0 Summit, 2009, Available from: http://assets.en.oreilly.com/1/event/28/web2009_websqua red-whitepaper.pdf, (accessed April, 25, 2013)
  14. T. O'Reilly, "What is Web 2.0: Design Patterns and Business Models for the Next Generation of Software", Communication & Strategy, Vol.65, pp.17-37, 2007.
  15. G. Ritzer, N. Jurgenson, "Production, Consumption, Prosumption: The Nature of Capitalism in the Age of the Digital 'Prosumer'", Journal of Consumer Culture, Vol.10, No.1, pp. 13-36, 2010. DOI: http://dx.doi.org/10.1177/1469540509354673
  16. Y. Benkler. The Wealth of Networks: How Social Production Transforms Markets and Freedom. pp. 1-127,Yale University Press, 2006.
  17. D. Tapscott, A. Williams. Wikinomics: How Mass Collaboration Change Everything. pp. 124-150, Portfolio, 2007.
  18. E. von Hippel, "Democratizing Innovation: The Evolving Phenomenon of User Innovation", International Journal of Innovation Science, Vol.1, No.1, pp.29-40, 2009. DOI: http://dx.doi.org/10.1260/175722209787951224
  19. R. Normann. Reframing Business: When the Map Changing the Landscape. pp. 15-44, Wiley & Sons, 2001.
  20. V. Blazevic, A. Lievens, "Managing Innovation through Customer Coproduced Knowledge in Electronic Services: An Exploratory Study", Journal of Academy of Marketing Science, Vol.36, pp.138-151, 2008. DOI: http://dx.doi.org/10.1007/s11747-007-0064-y
  21. J. Howe. Crowdsourcing: How the Power of the Crowd is Driving the Future of Business. pp. 1-127, Random House Books, 2008.
  22. G. J. Lewis, G. Graham, G. Hardaker, "Evaluating the Impact of the Internet on Barriers to Entry in the Music Industry", Supply Chain: An International Journal, Vol.10, No.5, pp.349-356, 2005. https://doi.org/10.1108/13598540510624179
  23. K. Negus, "The Work of Cultural Intermediaries and the Enduring Distance Between Production and Consumption", Cultural Studies, Vol.16, No.4, pp.501-515, 2002. DOI: http://dx.doi.org/10.1080/09502380210139089
  24. IFPI, "Digital Music Report", IFPI, 2007.
  25. P. Burkart, "Loose Integration in the Popular Music Industry", Popular Music & Society, Vol.28, No.4, pp.489-500, 2005. DOI: http://dx.doi.org/10.1080/03007760500159013
  26. Y. Bakos, "The Emerging Role of Electronic Marketplaces on the Internet", Communication of ACM, Vol. 41, No.8, pp.35-42. 1998. DOI: http://dx.doi.org/10.1145/280324.280330
  27. N. K. Baym, "The New Shape of Online Community: The Example of Swedish Independent Music Fandom", First Monday, Vol.12, No.8, pp.1-17, 2007, Available from: http://firstmonday.org/htbin/cgiwrap/bin/ojs/index.php /fm/article/viewArticle/1978/1853(accessed April, 25, 2013)
  28. P. Wikstrom. The Music Industry: Music in the Cloud. pp. 147-169. Polity Press. 2009
  29. H. Jenkins. Convergence Culture: Where Old and New Media Collide. pp. 1-24, New York University Press, 2006.
  30. J. Collis, P. Hussey. Business Research: A Practical Guide to Undergraduate and Postgraduate Students. 2nd ed, pp. 46-79, Palgrave Macmillan, 2003.
  31. M. Saunders, P. Lewis, A. Thornhill. Research Methods for Business Students. 3rd ed, pp. 245-279, Financial Times Prentice Hall, 2003.
  32. U. Flick. An Introduction to Qualitative Research. 2nd ed, pp. 165-248, SAGE Publications, 2002.
  33. A. Leyshon, P. Webb, S. French, N. Thrift, L. Crewe, "On the Reproductio of the Musical Economy After the Internet", Media, Culture & Soceity, Vol.27, No.2, pp.177-209, 2005. DOI: http://dx.doi.org/10.1177/0163443705050468
  34. V. Keegan, (2010) "The Demise of the Music Industry is Visible Everywhere But In the facts", The Guardian, c2010 (cited 2010 March 12), Available from: http://www.guardian.co.uk/-technology/blog/2010/mar/12 /demise-music-industry-facts, (accessed August, 2, 2013).
  35. J. Plunkett, "Top of the Pops Axed", The Guardian, c2006 (cited 2006 June 21), Available from: http://www.guardian.co.uk/media/2006/jun/21/broadcasti ng.arts, (accessed August, 2, 2013)
  36. BBC, "BBC says Farewell to the World's Longest Lunning Weekly Music Show, Top of the Pops", BBC, c2006 [cited 2006 June 20], Available from: http://www.bbc.co.uk/pressoffice/pressre-leases/stories/20 06/06_june/20/totp.shtml, (accessed August, 2, 2013)
  37. BBC, "Downloads Up as Album Sales Drop", BBC, c2010 (cited 2010 January 7), Available from: http://news.bbc.co.uk/1/hi/entertainment/8444854.stm, (accessed August, 2, 2013)
  38. D. L. Hoffman, M. Fodor, "Can You Measure the ROI of Your Social Media Marketing?", MIT Sloan Management Review, Vol,52, No.1, pp.41-49, 2010.
  39. S. Young, S. Collins, "A View from the Trenches of Music 2.0", Popular Music & Society, Vol.33, No.3, pp.339-355, 2010. DOI: http://dx.doi.org/10.1080/03007760903495634
  40. D. Bahanovich, D. Collopy, "Music Experience and Behaviour in Young People", UK Music, 2009, Available from: http://www.ukmusic.org/files/UK%20Music_Uni%20Of %20-Herts_09.pdf (accessed June, 21, 2013)
  41. C. Gronroos, "Adapting a Service Logic for Marketing", Marketing Theory, Vol.6, No.3, pp.317-333, 2006. DOI: http://dx.doi.org/10.1177/1470593106066794
  42. D. J. Teece, "Business Models, Business Strategy and Innovation", Long Range Planning, Vol.43, No.2/3, pp.172-194, 2010. DOI: http://dx.doi.org/10.1016/j.lrp.2009.07.003
  43. L. Potts, "Amanda Palmer and the #LOFNOTC: How Online Fan Participation is Rewriting Music Labels", Participations: Journal of Audience and Reception Studies, Vol.9, No.2, pp. 360-382, 2012.
  44. D. Quan, "Sponsor Jill Sobule's album, get a spot on it", CNN, 2009 (cited 2009 March 24), Available from: http://www.cnn.com/2009/SHOWBIZ/Music/03/24/jill.so bule.album/, (accessed September 12, 2013)
  45. M. Glaser, "Nettwerk CEO Terry McBride Puts Fans in Charge of Bands", PBS, 2008 (cited 2008 December 11), Available from:http://www.pbs.org/mediashift/2008/12/ nettwerk-ceo-terry-mcbride-puts-fans-in-charge-of-bands 346/, (accessed September 12, 2013)
  46. S. Jones, A. Lenhart, "Music Downloading and Listening: Findings from the Pew Internet and American Life Project", Popular Music and Society, Vol.27, No.2, pp.185-199, 2004. DOI: http://dx.doi.org/10.1080/03007760410001685822
  47. A. Bryman, E. Bell. Business Research Methods. 2nd ed, pp. 401-438, Oxford University Press, 2007.