How Much Is Copyright Worth?

In the last couple episodes, we've looked at the property market, we've looked at the demise of Credit Suisse, but now we're gonna go one-on-one with Will Page, talking about his latest work: How much is copyright worth and the way in which music is having its own, getting back at cinema.For more on Bubble Trouble, including transcripts of the show, visit us online at http://bubbletroublepodcast.comYou can learn more about Richard at https://www.linkedin.com/in/richard-kramer-16306b2/More on Will Page at: https://pivotaleconomics.comIn this episode of Bubble Trouble, Richard Kramer and economist Will Page dive into the fascinating world of music copyright. They explore the market value, currently pegged at $45.5 billion, and discuss what this number entails, including the roles of record labels, collecting societies, and publishers. They delve deep into the growing significance of vinyl records, the influence of streaming services, and the striking impact of globalization on music trade flows. Additionally, they discuss new market opportunities, the potential for further growth, and the future of direct artist-to-fan engagements. Join the conversation to understand the changing dynamics of the music industry and the economic forces shaping it.00:00 Introduction to Bubble Trouble00:35 Part One01:10 Exploring the Value of Copyright02:23 The Economics of Music Copyright07:12 Streaming vs. Cinema: A Shift in Consumption17:08 The Vinyl Revival19:31 Part Two19:31 Global Impact of Music Copyright22:32 The Global Impact of Reggaeton22:47 Economic Disparities in Music Streaming23:25 The Big Mac Index and Media Trade24:50 K-Pop's Global Dominance26:20 The Role of Government in Music Industry Success28:36 Canada's Multicultural Music Scene30:06 The Rise of Punjabi-Canadian Artists33:12 The Future of Music Copyright and Streaming37:41 Direct Artist-to-Fan Relationships40:50 Emerging Markets and the Future of Copyright41:51 Conclusion and Future Episodes Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

Bubble Trouble features conversations between economist and author Will Page and independent analyst Richard Kramer that lay out some inconvenient truths about how financial markets really work. Like the “boy who cried wolf,” financial markets have a peculiar tendency to repeat past mistakes and get themselves into “bubble trouble.” They party hard, drink too much of the Kool Aid, and wake up with a pounding hangover...only to do the same thing the next day. With tech dominating daily headlines and teenage traders driving stocks to unprecedented valuations, you might be asking “What’s really going on?” “What am I missing?” Imagine having a set of tour guides to tell you the “story behind the story” of the world’s largest tech companies, and how they bend - or break - the rules of economics. Hosted on Acast. See acast.com/privacy for more information.