Research Paper Suggests that File Sharing Helps Fuel Concert Activity

27 Dec

Ars Technica, a fantastic blog for the latest on tech news and trends, just posted a summary of a fairly comprehensive Harvard Research Paper. The paper investigates “supply responses to digital distribution in regards to recorded music and live performances.” In other words, it explores the effect that file downloading has had on the music industry. Fortunately, Ars Technica doesn’t delve too deeply into the findings that you already know – free MP3s are hurting album sales – and instead focuses on the surprise revelations.

For example: free music has actually been good for smaller bands. The paper indicates that because the web allows you to obtain music from lower-profile artists easily, it helps raise awareness for these performers at little promotional cost. “While file-sharing may offset some album sales for small artists, this may be mitigated in part by increased sales from the larger potential fan base that may result from increased awareness of those artists.”

The other big piece of news culled from the paper is that, since the arrival of file sharing (or free music), concert activity has skyrocketed. So, to break it down, the paper suggests that free music is responsible for the increased number of live performances. The more music we’re exposed to, the more music we’ll want to hear in person. The graph below does a great job of displaying this.

The great thing about all of this is that more and more bands will be “encouraged” to go on tour. (Great news for fans). More tours means more events on FanFueled. And with more events on FanFueled comes more opportunities for you to earn CASH! (Everyone wins).

Let us know what you think. Were you able to get through the Harvard paper? Anything else in there that stuck out to you? Thanks for reading and have a Happy New Year!

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