SlideShare a Scribd company logo
1 of 26
Vladimir Nitta
12
Primary International
Music Markets
UK, USA & Germany
Word Count: 3451
Introduction:
Thisreportwill focusonthree International musicmarkets,UK,USA and Germany;lookingat their
significantfeaturesanddifferences. Factorsthat will be consideredwill include political,socio-
cultural,economic,social andlegal aspects.Followingthat,the marketswill be analysedinregards
to theirretail anddistributionandoffline/online promotions andthe live markets toestablishif and
whatimpedimentsthere are tothe promotionof UK musicinthose sectors.
Whenlookingatthe global musicmarket,itis evidentthatthe UnitedStates,UnitedKingdomand
Germanyare keyplayerswithinthe musicmarket.Consideringmarketshare of the global recorded
music,accordingto(IFPIandRIAJYearbook2011)USA was rankednumberone withamarketsize of
24.5% whichisworth4,562.0 milliondollars.Germanywasrankedthirdwithamarketshare of
10.5% and a value of 1,945.8 milliondollarsfollowedby the UK whichwasrankedfourthwitha
share of 9.3% and a value of 1,730.5 million dollarsinthe year2009.(Data available inappendix1)
Part 1, Political,Socio-Cultural,Economic,Social and Legal Factors:
Political Factors:
UK:
Firstof all,consideringUKand Europe,itis clearthat DavidCameronhasvetoedonan EU-wide
treatychange to tackle the euro zone crisis,(BBC2012) DavidCameronhas done thisas he believes
thisisnot in the UK’s bestinterests. Thismaybe agood thingas he istryingto protect our economy
fromthe threatsof Europe however there couldbe risktotrade in the future andloose influence in
Europe as mentionedbyLordHaseltine.(Telegraph2012)
There isalso an opportunityforlive asFeargl Sharkeymentionedthatthe governmenthas
confirmedtoexemptsmall venuesfromthe LicensingActwhichwill allow agreateramountof live
performances beingtakenoninsmall venuesaccordingtothe Live MusicBill (Total Politics2012)
Opportunitiestogetbusinessgrantsfornew startups and small businesses,thiscouldleadtonew
musiccompaniesbeingsetupinthe UK.
UK Music bringsforwardissuesconcerningthe industryto governingbodies.(UKMusic2012)
USA:
Obama’sadministration announcedin2010 that theywouldworkoncracking downon piracy;this
move bythe governmentcouldleadtoprosecutionof infringersandpossible increase of revenuesin
the future.(DailyTech2012)
The US alsosupportsIPand copyrightsthrougha listof policypriorities in2011 whichare aimedto
tackle illegal infringement andstrengthenandenforce the protectionof IP rights. (Us Chamberof
Commerce 2012) The priorities canbe seeninappendix 2. There is alsomonitoringonexplicit
contentinmusicthroughthe use of parental advisorylabel programme.(RIAA 2011)
Like UK Music, RIAA alsobringsconcernsto the governmentandworks toprotectIP rightsand
reviewingpoliciesandstate andfederal laws.(RIAA 2012)
Germany:
Germanycouldbe willingto offerUKthe protectiontheywanted inEurope,whichwas earlier,
refusedandledtoMr Cameron’sveto.(DailyMail 2012)
Socio-Cultural:
Each country will be analysedby agraph depictingtheirscore according to Hofstede. (Geert
Hofstede 2012)
UK:
- It isvisible thatUKhas a lowPDI meaningpeopleliketobe involvedindecision makingratherthan
everythingbeingcentralisedandrunby a minority. The high IDV showsthatpeople are more
individualinthe, whilstthe MASshowsthatmale dominance isnotas highand there isa level of
equalityandbothmale andfemininevaluesare present.The UKculture isalsomore likelytotake
risksand be acceptingto changeswhilsthavingafocusonshort-termtargetsunderLTO.
USA:
USA have a higherPDIbut theystill share a similarview asthe UKregardinghow organisationsare
run and whoisinvolvedindecision-making.TheirIDV isalsohighersotheyare more relianton
themselveswhenitcomestogettingthingsdone. ConsideringMAStheirscore islowerthanthat of
UK, thisshowsus thatthere is a sense of equalityinbothmasculineandfemininevaluesineveryday
life/operations.USA are lesslikelytotake riskthanUK, but theywill stillbe accustomed tochange
concerningtheirUAI,andtheyare are alsofocusedonshort-termtargets.
Germany:
Germanyis similartoUK inregardsto PDI and decisionsare more decentralised.Onanindividual
scope theyseemprettyindividualbutalsorelyonothers.MASwise,itisseenthat masculine values
are more dominantbutthe feminineaspectsare still present.TheirUAIishigherthanthat of UK,
thisshowsthat theyare lesswelcome tochange andthat there issignificance attachedtorulesand
risksare avoidedandlike UKandUSA theyare focusedonshort-termtargets.
Economic:
UK:
It was mentionedinThe Guardianthatretailerswouldtake advantage of the VATrise to20% and
increase theirpricesin2011. (Guardian2012)
Interestrate iscurrentlyat 0.5%. (BankOf England2012) Thiscouldmeanlesspeople savinganda
possible chance of increasedrevenues.Howeverasthe inflationrate is4.8%,whichis2.8% above
the 2.0% target(BankOf England2011), thismightmeana reductioninrevenuesaspriceswould be
goingup andas wagesseemtobe stayingthe same (Guardian2011) and there islessdisposable
income.
Alsoconsideringunemploymentwhichisdisplayedinthe graphbelow,the amountof people
unemployedbyOctober2011 was 2.64m. (BBC 2012) This will affectsalesaspeopledonot have
moneydue tonot havingwork.
UK’s GDP was valued2.25 Trilliondollarsin2010 by (WorldBank2012). Thisdata can be seenin
Appendix 3.
There isalso a possibilityof 1.2millionjobsbeinglostinEurope due topiracyby 2015. (IFPIDigital
Music Report2011)
The graphs belowshowthe marketshare Major labelshave inthe UK musicMarketwithUniversal
leadingboththe digital andphysical market.(Phil Hardy,2011, Dire Straits)
(Take note EMI isnowowned bySonyand Universal)
USA:
The US alsohas problemswithunemployment.The graphbelow showsthatunemployment is
aroundthe 8.5m mark howeverthere are signsthatitis fallingwhichisbothvisible inthe graphand
chart. (BureauOf Labour Statistics2012)
The current interestrate inthe US is currentlyat0.25% whichhas beenlike thatsince December
2008. (TradingEconomics2012) Thiscouldbe a positive asmentionedbefore aspeopleare more
likelytospendratherthansave.
Anotherfactorwhichcouldaffectthe salesof musicinThe US is the inflationrate,lookingatthe
chart below,the ratesisat 3.4% thusthere will be increasesinprice of necessitiessuchasfoodetc.
(TradingEconomics2012)This meansthat there couldbe an opportunitycostof not gettingwants
such as music.
Consideringthe GDPaspectinthe UnitedStates,accordingto (WorldBank2012) the USA GDP was
worth14.5824 Trilliondollars bythe endof 2010. The table forthat can be seeninappendix 4.
Consideringthe graphbelow itisclearthatUniversal isthe marketleaderinthe US for bothdigitall
and physical sales.(Phil Hardy,2011 Dire Straits)
(Take note EMI isnowownedBy SonyandUniversal)
DifferentRevenuestreamsformusicinthe USA can be seeninthe chart below. (IFPILetsPlay)
Germany:
The unemploymentrate inGermanyiscurrently at 6.6 percentfollowingfallsandthenan increase.
Data shownbelow(TradingEconomics2012) That percentage indicatesthatapproximately
2.88millionare unemployedinGermany.(BBC2012)
Concerningthe interestrate,thatiscurrentlyat1% whichis higherthanbothUK and USA. (Trading
Economics2012)
Concerninginflations,the rate iscurrently at2.1 percent.(TradingEconomics2012) It is lowerthan
UK and USA thiscouldbe a positive forthe musicmarketaspeople mighthave more disposable
income topurchase music.(The chart for inflationcanbe seeninappendix5.)
In regardsto GDP (WorldBank 2012) indicatedthatGermanysGDP was3.31 trilliondollarsbythe
endof 2010, withsignsof a decline.(Chartavailableinappendix 6.)
Accordingto (GrabStats2012) The US Digital Music Revenuesare valued $5.3Billion.Withthe trend
showingarise each year.
Lookingat the graph belowitcan be seenthatUniversal isthe marketleaderwith35.7%share at the
endof 2009. (Phil Hardy,2011, Dire Straits)
(Take note EMI isnow owned by Universal and Sony)
Social:
UK:
Social factorscould be issuesinthe local communitiesandthe banningof eventsbypolice especially
if the area is knowforviolence orthe act has got a historyof violentfanse.g.artistslike Giggs.
(Guardian2012) Alsoaccordingto the (Guardian2012) police are accusedof discriminatingagainst
the urban musicscene,andcarryingout riskassessmentsbasedonethnicityandcancancel showsat
short notice.
UK populationiscurrentlyageingwiththe predictionof 1 infour beingover65 by 2050. (Parliament
UK) Thiscouldleadto musicthat isbeingmarketedatyoungpeople see afall inrevenuesinthe
future.
USA:
The US alsohas an ageingpopulation,with65+ being19% of the US populationby2030.
(AdministrationonAging2012)
Nearly40% of 45 yearoldswere buying albumsinAmerica.(MusicIndustryBlog2012) There could
be potential inexploitingthatmarket.
40% of top20 acts have a singerof 60 yearsand older.(MarketingCharts2012)
Germany:
Germanywas the largestonline audiencesin2009. (ComScore 2012) This meansthatthere is
potential togrowrevenuesinthe digital musicmarket.
Germanyalsohas an ageingpopulation,whichispredictedtocause a of 5 millionworkersinthe
nextdecade anda half.(Guardian2012)
Germanmusic salesare alsoon the rise, whichcouldbe problematictopromotingUKmusicinthat
region.
Legal:
UK:
Legal factors suchas licensinglawsforvenuescouldaffectanevent.The licensingActof 2003 makes
it easiertogetall licencesfromone place.(Culture.gov 2012)
1988 Copyright,DesignAndPatentsAct1988 has beenusedinthe highcourt to getBT to block
Newzbin 2for copyrightinfringement.(Independent2012) Thiscouldopenup doorsto force
internetproviderstobe forcedto blockinfringingcontentinthe future.(MusicLaw Updates2012)
Law may be relaxedoncopyingyourownCD’sto your mp3 playerwhichisillegal inthe UK.These
recommendationswere mentionedinthe HargreavesReview,andthere wasalsomentionof
relaxationonlawsregardingcomical parodieswhichare alsoillegal.Thesenew lawscouldleadto
more newtechnologiesthrivingandapossible £8bnbenefittothe economy.(BBCNewsbeat2012)
DEA 3 strikeswarninglettersare likelytostartgoingout in2013. (MusicLaw Updates 2012) So
infringersmaynotbe affecteduntil then.
USA:
Rightnowthere is a case betweenUniversalandseveral artistswhichfocusesonroyaltiesdealing
withdigital,currentlylabelslike tocalculate digital royaltiesatthe same level asphysical sales.
Howeverasthere isno financial inputintodigital,artistsdeemitfairtohave a higherroyaltyrate,
thiscase couldleadtodifferentcalculationsbeingusedfordigitalroyalties inthe future andmaking
it fairerforthe artists.(MusicLaw Updates 2012)
Supreme Courtconfirmsthatdownloadisnota publicperformance underfederal copyrightlaw.
(MusicLaw Updates2012)
StopOnline PiracyActcouldbe droppedafterObamasaid he wouldnotsupportit due to it
threateningthe opennessof the internet.(Guardian2012)
Germany:
GEMA has beencalculatingthe royaltiesitcollectsbasedonthe size of the space where the musicis
played.Some eventorganiserswereunhappywiththisastheymentionedsome partsof outdoor
eventswill notbe accessible topeople due tostandsetc.beingthere andthatthe musicmay notbe
heardfrom furtherpoints. Howeverthe courtand court of appeal decidedthatGEMA isentitledto
calculate throughthose means,asthere will be new listenerswalkinginandoutof the areaswhere
musicis heard.(Music Law Updates2012)
The German Associationof ConcertPromotershasappliedtosetupa new collectionsocietywhich
will focusonneighbouringrightsandcollectingroyaltiesforexploitationsof recordedliveeventsin
Germanyevenif theywere recordedanywhere else inthe world.(MusicLaw Updates2012)
-ConsideringbothGermanyandUK, the committee inBrusselshave agreedtoextendcopyright
across Europe by 20 years.Thiswill allow the copyrightholdersanextra20 yearsof financial gain
throughroyaltiesfromthose works.(Financial Times2012)
Part 2, Retail & Distribution System,Online & Offline Promotion/TV/Radioand Live MusicMarket:
Consideringthatthe firsthalf of thisreporthascovered political,socio-cultural,economical, social
and legal factorsthe secondpart will lookatthe retail & distributionsystem,online andoffline
promotion/radio/tv andthe live musicmarketandwhatthe impedimentsthere couldbe to
promotingUK musicinthose countries.
Retail and DistributionSystem:
UK:
HMV is UK’s biggestmediaretailer;their salesduringthe Christmasperiodwere8.2% lowerthanthe
previousyear.(BloombergBusinessWeek2012) Thiscouldbe a potential forecastforthe following
yearsalesconsideringgrowthwillbe flat.(Guardian2012) HMV were alsoclosing60 storesin2011,
thiswill affectmusicretailingastheyare the onlymajormusicretailerinthe UK, (BBC2012) and the
amountof independentstoreshasshrunk.(MusicWeek2012)
Supermarketsinthe UK such as Tesco & Asdadominate theirmarket’s(Guardian2012),thisgives
thembargainingpowerandthe amountof customerstheycan reach. Throughthat theycan
undercutcompetitorsbysellingbelowRRP’sthushavingthe powerof suppliersunderPortersFive
Forces.
Cd albumsare still the mostprofitable productinthe UKmusicmarket as theyhad76% of sales,
(MusicIndustryBlog2012) whilstApple hasbecome UK’s2nd
largestonline retailerwith iTunes
havingapproximately70%share of the download market.(MusicWeek2012)
USA:
iTunesdominatesthe USdigital marketwith66.2% share of the market.(The NextWeb2012) CD’s
rose to 82% of albumsales,considering3quarter of albumsalesinthe Statesare made offline.
(MusicIndustryBlog2012) Whichis done throughmajorretailerssuchasBestBuy and Walmart who
can affordto sell musicbelowrrp’s due totheirpurchasingpowerandsize.
Germany:
Germanyhas a strongermusicretail sectorthan UK, as ithas two electronicsretailers;MediaMarkt
and Saturnwho are similartoHMV. WithSaturn having144 retail stores,includingMusicDome
whichwonthe Echo Award forbestmusicretailerandmediaMarkt having237 stores.They
accountedfora thirdof the Germanphysical musicmarket,(MusicWeek2012) whichisstill quiet
strongas itonlysawa fall insalesbyonly2.2%. (musikindustrie.de2012)
Germanmusic consumptionhasalsohadan increase inthe amountof German musicbought,this
showsthat Germanmusicis startingto dominate the Germanmarketandcharts. (Billboard2012)
Thiscouldbe a keyimpedimenttopromotingUKmusicas the majorityof musicboughinGermany is
nowbecomingGerman.
Online & Offline Promotion/TV/Radio:
UK:
Currentlyalot of artist andlabelstake advantage of social networkstodoonline promotionof their
musicand shows. Some promotionisdone inmagazines,TV andradioplay-listsdependingonthe
stature of the artistand whomtheyare signedto.
Music awards on TV such as Britsleadto majorUS acts winningawards, actssuchas JustinBieber.
(stv2012) Thispromotesartistona national anda global scale.
Music magazinesalsoprovide information,onartistsandhelppromote shows,magazinessuch
Music Week,Kerrang,posterandBillboardsignsadvertisingaswell asonthe bus andin the tube.
USA:
Spotifywill have limitationsonthe amountof musictheycan listentoas free subscribersafterthe
first6 months.(Hyperbot2012) Thiscouldlimitthe possibilityof UKacts beingheardinthe US.
Pandorais alsounavailablein the UKdue to licensingconstraints.(Pandora2012) Thiscan work as a
threatof substitutesunderPortersanalysisasconsumerswill lookforadifferentservice.
There are alsoissues of radioplaylistsjustlike inthe UK,thismakesitharder fornew UK acts to be
heardin the USA and the past controversiesof payolastill have aneffectonradiosinthe states.
Online promotionalsohassome difficultiesas MTV regionrestrictionsmake some UScontent
unavailable inothercountries. Onlinehas alsomade itharderfor UK acts to breakAmerica,
accordingto Californian bookingagentFrankRiley.(NME2012) Howevershowssuchas WWE
promote musicbyhavingsongsbe theme tunesforspecial PPV’s.Forexample Tinie’sWrittenInThe
Stars wasthe theme songforWrestlemania2011. (923 Radio2012) These eventsare a great
promotiontool forUK acts as it can showcase talenttothe whole world.Anotherpossible wayof
promotingUK talentwouldbe tosecure synchronizationrightsforuse of musicinAmericanshows
and commercials.
Magazinesand billboardscanalsoprovide promotionforshowsandartists,withnumerous
magazinesforeachspecificgenre.
Germany:
Deezerentersthe GermanmarketbeatingSpotify,by reachinganagreementwith Bitkomto
transfer6eurocents to9 centsper songto Gema. (Bloomberg2012) This couldbe a benefittoUK
musicians, astheywill be reimbursedfortheirmusicbeingstreamedinGermany. MTV Europe also
ensuresthatmusicispromotedthroughitschannels inplaceslike the UKand Germany.Social
networkswouldalsoplayavital part inpromotingmusic,howeverthe language barrierswill have to
be overcome. Theywill alsopromote musicintermsof magazinesandposters,radioadvertsetc.
Live Music Market:
UK:
HMV are consideringthe sale of theirlive MAMA groupdue tochallengingfinancial results.(Music
Week2012) Thiscouldleadto more marketshare forAEG andLiveNation (MusicWeek2012) who
are alreadythe 2 keyplayersinthe live industry,theyorganise keylive eventslike Glastonburyas
well asshowsbyfamousbandsand artists. Bigshowsfail to sell outarenasas live industrystuttered
in2010 according to analysts,andlive revenuesfor2010 fell by6.7%. (Guardian2012) This fall could
be due to a lackof investmentandnewbandsmakingitintothe charts. Howeverlive musichasa big
impacton the UK economyasit isclaimedthatit contributes£1bnto the economyeachyear.(BBC
2012)
A majorevent,Glastonburyhasbeencancelledthisyear(Telegraph2012) thiswill undoubtedly
reduce the revenue expectedforlive musicthisyear.
USA:
Live NationandAEG are alsokeyplayersinAmerica Oldermusicactsdrive the US touringrevenue
numbers. (MarketingCharts2012) The pie chart (Appendix 7) showsthe age percentage of top20
acts. Animpedimentof thistobreakinga UK act in Americaisthat,these olderactshave an
establishedfanbase anditcouldprove difficulttotryand breaktheirmarketwithyoungerUKacts.
The Top 100 NorthAmericanshowshave grossed3.7% more in revenuescomparedtolastyear,
howeverattendancesfell,possiblydue toanaverage price of $67.36 amongthe top 100 North
Americantours.(Forbes2012) Thiscouldprove problematictopromotingaUK artistas consumers
may notwant to spendthatkindof moneyona new act from the UK.
Germany:
AEG ownsGermanys mostprestigiousarena,O2World (Phil Hardy,2011,Dire Straits).Accordingto
Phil;Live Nationenteredthe Germanmarketin2008 to compete withAEG. Phil alsomentionsthat
the German Live Industrywasworth$3.78bn in2008 aftera fall of 9% and a similaramountin2009.
Consideringlive musicinGermany,the sell outtourscame fromacts suchas Rihanna,Coldplayand
Metallica.(Phil Hardy,2011,Dire Straits)
GEMA has alsoincreasedit’slive performance rate forconcertswithan attendance of 15,000 andup
to 7.65% of gross takings,upfromthe previous3.58%.(Phil Hardy,2011,Dire Straits)
Conclusion:
Whenlookingatthese three markets,the have some majorsimilaritiesanddifferences.After
analysingeachmarket,itcan be seenthat there are impedimentsforpromotingUKmusicregarding
the sheersize of Americaanditsdifferent time zone’stothe language barriersinGermany.Also
consideringthe average age of performersinAmerica,itisevidentthatthe establishedbandsare
the more successful,andthe amountof 45 year oldsbuyingmusicisalsoincreasing.Thismeansthat
the Americanconsumerismore likelytobuymusicfroman act theyknow rather than an unknown
artistfrom the UK. Consideringthatradiopromotionmaybe difficultthe actsfrommajorlabelsget
airplay.There are obviouslyopportunitiestogetmusicsyncedincommercialsorTV shows,or
promotedonkeyTV events,whichhasbeendone withTinie Tempa’sWrittenInThe Starsand
Wrestlemania.’
RegardingimpedimentstopromotingUKmusicinGermany,data suggeststhatGerman acts are
becomingpore popularasGermanmusicsalesare now startingto dominate the Germanmusic
market.This showsthat theyare more likelytolistensomething homegrown ratherthanan act from
abroad. Alsothe Live performance rate will have anadverse effectonthe amountof moneyUK
artistsmake in Germany as the rate hasalmostdoubled.
Alsoaccordingto the statisticsregardingmarketshare byeachcountry,it wouldbe a loteasierto
promote a UK act if theywere signedtoUniversal astheycan use theirinfluence topromote and
artistin a givenmarket witheachcountry’ssubsidiary.
In regardsto Hofstedesanalysis,the differencesbetweenthese threemarketshave beenidentified.
USA and UK are prettymuchsimilaronthe Socio-Cultural aspect,butGermanyissomewhat
different.Theyare lesslikelytotake risksandare more unwelcome tochange unlike their
counterpartsUK and USA.This unwelcomeattitude tochange andriskswill be amajor impediment
to tryingto bringa newartist fromthe UK into theirmarketas there maybe a risktheywontadopt
to the newact.
References:
Websites:
923 Radio(2012), Available At:http://923now.radio.com/2011/12/22/tinie-tempahs-name-was-
written-in-the-stars-in-2011-but-whats-the-meaning-behind-his-name/ [Accessed12thJanuary
2012]
AOA.gov(2012), AvailableAt: http://www.aoa.gov/aoaroot/aging_statistics/index.aspx [Accessed
16th January2012]
Bank Of England(2012), AvailableAt:http://www.bankofengland.co.uk/ [Accessed5thJanuary2012]
BBC (2012) CameronBlocksEU, Available At: http://www.bbc.co.uk/news/uk-16104275 [Accessed
4th January 2012]
BBC (2012), AvailableAt:http://www.bbc.co.uk/news/10604117 [Accessed5thJanuary2012]
BBC (2012), AvailableAt:http://www.bbc.co.uk/news/business-13405724 1[Accessed12thJanuary
2012]
BBC (2012), AvailableAt:http://www.bbc.co.uk/news/business-16390429 [Accessed6thJanuary
2012]
BBC (2012), Newsbeat,AvailableAt:http://www.bbc.co.uk/newsbeat/14384815 [Accessed9th
January2012]
BBC (2012), AvailableAt:http://www.bbc.co.uk/news/business-12117510 [Accessed12thJanuary
2012]
Billboard(2012),Available At:http://www.billboard.biz/bbbiz/others/germany-increasingly-buying-
music-by-german-1005622552.story [Accessed18thJanuary2012]
BLS.gov(2012), AvailableAt:http://data.bls.gov/timeseries/lns14000000 [Accessed5thJanuary
2012]
Bloomberg(2012), AvailableAt:http://www.bloomberg.com/news/2011-12-15/deezer-enters-
germany-beating-spotify-handelsblatt-reports.html [Accessed10thJanuary2012]
BusinessWeek(2012),AvailableAt:http://www.businessweek.com/news/2012-01-09/hmv-group-s-
christmas-period-sales-8-2-lower-on-weak-demand.html[Accessed9thJanuary2012]
BusinessWeek(2012),AvailableAt:http://www.businessweek.com/news/2012-01-09/hmv-group-s-
christmas-period-sales-8-2-lower-on-weak-demand.html[Accessed9thJanuary2012]
Culture.gov(2012) RegulatedEntertainment,AvailableAt:
http://www.culture.gov.uk/what_we_do/regulated_entertainment/4060.aspx [Accessed5th
January2012]
Comscore (2012), Available
At:http://www.comscore.com/Press_Events/Press_Releases/2009/5/Turkey_has_Seventh_Largest_
Online_Audience_in_Europe [Accessed11thJanuary2012]
DailyMail (2012) Available At:http://www.dailymail.co.uk/news/article-2075924/Eurozone-crisis-
David-Camerons-defiance-rewarded-Merkels-man-snubs-Sarkozy.html [Accessed4thJanuary2012]
DailyTech(2012) Available
At:http://www.dailytech.com/Obama+Administration+Announces+Massive+Piracy+Crackdown/artic
le18815.htm [Accessed4thJanuary2012]
Financial Times,Europe toextendperformercopyright:http://www.ft.com/cms/s/0/80576fda-da35-
11e0-90b2-00144feabdc0.html#axzz1iyC1OOSI [Accessed 9thJanuary2012]
Forbes(2012), Available At:http://www.forbes.com/sites/zackomalleygreenburg/2012/01/06/live-
music-in-2011-revenues-up-attendance-down/ [Accessed16thJanuary2012]
GeertHofstede (2012) UnitedStates,Available At:http://geert-hofstede.com/united-states.html
[Accessed4thJanuary2012]
GeertHofstede (2012) UnitedKingdom,Available At: http://geert-hofstede.com/united-
kingdom.html [Accessed4thJanuary2012]
GeertHofstede (2012) Germany,AvailableAt:http://geert-hofstede.com/germany.html [Accessed
4th January 2012]
Google WorldBank (2012),UK, Available
At:http://www.google.co.uk/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idi
m=country:GBR&dl=en&hl=en&q=uk+gdp [Accessed5thJanuary2012]
Google WorldBank (2012) USA,Available At:
http://www.google.co.uk/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=c
ountry:USA&dl=en&hl=en&q=us+gdp [Accessed5thJanuary2012]
Google (2012), World BankGDP Germany,Available At:
http://www.google.co.uk/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=c
ountry:DEU&dl=en&hl=en&q=german+gdp [Accessed6thJanuary2012]
Grab Stats (2012), AvailableAt:
http://grabstats.com/statcategorymain.asp?StatSubCatID=72&submit=Submit&StatCatID=9
[Accessed19th
January2012[
Guardian(2012), AvailableAt:http://www.guardian.co.uk/music/2010/feb/23/rapper-giggs-tour-
cancelled [Accessed5thJanuary2012]
Guardian(2012), AvailableAt:http://www.guardian.co.uk/business/2010/dec/14/retail-inflation-vat-
price-rises[Accessed5thJanuary2012]
Guardian(2012), AvailableAt:http://www.guardian.co.uk/music/2012/jan/08/police-accused-
discriminating-urban-music?fb=native&CMP=FBCNETTXT9038[Accessed9thJanuary2012]
Guardian(2012), AvailableAt:http://www.guardian.co.uk/business/2012/jan/10/recession-not-
foregone-conclusion-british-chambers-commerce [Accessed10thJanuary2012]
Guardian(2012), AvailableAt:http://www.guardian.co.uk/business/2011/sep/09/hmv-chief-
supermarket-domination-sales[Accessed12thJanuary2012]
Guardian(2012), AvailableAt:http://www.guardian.co.uk/music/2011/may/15/live-concerts-
audiences-stay-home[Accessed12thJanuary2012]
Guardian(2012), AvailableAt:http://www.guardian.co.uk/technology/2012/jan/16/sopa-shelved-
obama-piracy-legislation[Accessed17thJanuary2012]
Guardian(2012), AvailableAt:http://www.guardian.co.uk/world/2011/mar/17/new-europe-
germany-retirement-pensions-exports[Accessed18thJanuary2012]
Hyperbot(2012), Available At:http://www.hypebot.com/hypebot/2012/01/spotify-us-users-say-
goodbye-to-free-music.html [Accessed9thJanuary2012]
Independent(2012) Available At:http://www.independent.co.uk/news/uk/crime/bt-ordered-to-
block-piracy-site-2327431.html [Accessed5thJanuary2012]
MarketingCharts (2012)http://www.marketingcharts.com/direct/older-music-acts-drive-us-touring-
revenue-15886/ [Accessed12thJanuary2012]
MusikIndustrie (2012), Available
At:http://www.musikindustrie.de/aktuell_einzel/back/84/news/trendreport-2011-deutscher-
musikmarkt-stabilisiert-sich/ [Accessed18thJanuary2012]
Music IndustryBlog(2012), Available At:http://musicindustryblog.wordpress.com/2012/01/11/is-
the-music-industry-going-the-way-of-the-newspaper-industry/ [Accessed12thJanuary2012]
Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=862[Accessed5th
January2012]
Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=4353[Accessed9th
January2012]
Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=4351[Accessed9th
January2012]
Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=4327[Accessed9th
January2012]
Music Law Updates(2012), DEA 3 StrikesDelayedTill 2013 Available At:
http://www.musiclawupdates.com/?p=452[Accessed9thJanuary2012]
Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=20[Accessed9th
January2012]
Music Week(2012), Available
At:http://www.musicweek.com/story.asp?sectioncode=1&storycode=1047914 [Accessed9th
January2012]
Music Week(2012), Available At:http://www.musicweek.com/story.asp?storycode=1044794
[Accessed12thJanuary 2012]
Music Week(2012), Available
At:http://www.musicweek.com/story.asp?sectioncode=1&storycode=1047581 [Accessed12th
January2012]
NME (2012), Available
At:http://www.nme.com/blog/index.php?blog=10&title=why_british_indie_bands_still_can_t_brea
&more=1&c=1&tb=1&pb=1 [Accessed12th January2012]
Pandora(2012), AvailableAt:http://www.pandora.com/restricted [Accessed12thJanuary2012]
ParliamentUK(2012), Available At:http://www.parliament.uk/business/publications/research/key-
issues-for-the-new-parliament/value-for-money-in-public-services/the-ageing-population/
[Accessed11thJanuary 2012]
RIAA (2012), Available
At:http://www.riaa.com/toolsforparents.php?content_selector=parental_advisory [Accessed5th
January2012]
RIAA (2012) AboutUs, Available At:http://www.riaa.com/aboutus.php?content_selector=about-
who-we-are-riaa[Accessed5thJanuary2012]
STV (2012), Available At:http://entertainment.stv.tv/music/228552-brit-awards-2011-justin-bieber-
wins-international-breakthrough-act/[Accessed11thJanuary2012]
Telegraph(2012) AvailableAt:http://www.telegraph.co.uk/finance/financialcrisis/8948032/EU-
treaty-David-Cameron-cant-safeguard-the-City-by-floating-off-into-the-Atlantic-warns-Lord-
Heseltine.html [Accessed 4thJanuary 2012]
Telegraph(2012), AvailableAt:http://www.telegraph.co.uk/finance/economics/8385489/Wages-fail-
to-keep-track-with-inflation.html5thJanuary
Telegraph(2012), Available
At:http://www.telegraph.co.uk/culture/glastonbury/8069257/Glastonbury-2012-cancelled-due-to-
lack-of-portaloos-and-police.html[Accessed19thJanuary2012]
The NextWeb(2012), AvailableAt:http://thenextweb.com/media/2010/12/17/apple-dominates-us-
digital-music-market-with-66-2-share/ [Accessed12thJanuary2012]
Total Politics(2012) Available At:http://www.totalpolitics.com/articles/277707/a-sound-
investment.thtml [Accessed 4thJanuary 2012]
TradingEconomics(2012) UnitedStatesInterestRates,Available
At:http://www.tradingeconomics.com/united-states/interest-rate [Accessed5thJanuary2012]
TradingEconomics(2012), UnitedStatesInflation,AvailableAt:
http://www.tradingeconomics.com/united-states/inflation-cpi[Accessed5thJanuary2012]
TradingEconomics(2012) German UnemploymentRate,Available
At:http://www.tradingeconomics.com/germany/unemployment-rate[Accessed6thJanuary2012]
TradingEconomics(2012), GermanInterestRate,Available
At:http://www.tradingeconomics.com/germany/interest-rate [Accessed6thJanuary2012]
TradingEconomics(2012), GermanInflationRate,Available
At:http://www.tradingeconomics.com/germany/inflation-cpi[Accessed6thJanuary2012]
UK BusinessGrants(2012), Available
At:http://www.ukbusinessgrants.org/?domain=wwi.ukbusinessgrants.org&gclid=CLKnw6_7t6gCFQE
Y4Qode22zAw [Accessed5thJanuary2012]
UK Music (2012), AboutUs, AvailableAt:http://www.ukmusic.org/about-us[Accessed5thJanuary
2012]
US Chamber(2012) Available At:http://www.uschamber.com/issues/priorities/intellectual-property-
ip[Accessed4thJanuary 2012]
Reports:
IFPI RIAJYearbook2011, AvailableAt:http://www.riaj.or.jp/e/issue/pdf/RIAJ2011E.pdf [Accessed
4th January 2012]
IFPILetsPlay,Available At: http://www.ifpi.org/content/library/RIAA_Brochure_Final.pdf [Accessed
19th January2012]
IFPIDigital MusicReport2011 AvailableAt:http://www.ifpi.org/content/library/DMR2011.pdf
[Accessed4thJanuary2012]
Books:
Hardy, P (2011). Dire Straits:A territorial surveyof the MusicBusiness.
theviewfromtheboundary.com:theviewfromtheboundary.
Appendix:
Appendix 1:
(Riaj Yearbok2011)
2: Policy Priorities for 2011
Strengthen the protection and enforcement of IP rights in the United States and abroad.
 Shut down the top illegal websites globallythat are willfully selling counterfeitgoods and facilitating digital
theft, beginning with the passage oflegislation similar to S. 3804–Combating Online Infringementand
CounterfeitAct.
 Reduce the sale ofcounterfeit goods and the piracy of copyrighted works online through an appropriate
combination ofimproved tools and enforcementefforts,both domesticallyand internationally,and through
engagementwith online strategic partners.
 Ensure that the Intellectual Property EnforcementCoordinator has sufficientstaff,budget, and authority to
fulfill the obligations and achieve the goals outlined in the PRO-IP Act and the National IP Strategy.
 Secure enactmentof Customs and Border Protection (CBP) reauthorization legislation with strong IP
enforcementprovisions.
 Secure continued funding for dedicated resources to strengthen IP enforcementat Justice,the FBI, and the
Intellectual Property Rights Center.
 Secure enactmentof legislation to postIP attaché at key U.S. embassies abroad to monitor priority
countries and assistU.S.businesses with protecting their IP rights in those countries.
 Improve Special 301 enforcementby enhancing the tools available to the administration to engage more
effectively with countries that fail to respectand enforce the rights of American innovators and/or live up to
their international IP obligations.
 Secure enactmentof enhanced criminal penalties for illegallystreaming copyrighted content.
Promote and defend strong IP protection and enforcement regimes in the United States, key countries,
and multilateral fora.
 Advance robustIP protection and enforcementprovisions in trade agreements and their implementation,
including in negotiations on the Trans-Pacific Partnership Agreement(TPP).
 Counter the anti-IP rhetoric and policies ofChina,India,Brazil, and other countries in key capitals,
multilateral fora,and the media by building alliances and recruiting new voices,including among developing
countries,to promote pro-IP policies.
 In China,work to
o reduce enterprise software piracy,
o reduce piracy and counterfeiting on the Internet, and
o enhance regulatorydata protection,patent linkage,and patent term restoration.
 In India, work to
o refine and continue to implementan advocacy campaign thatuses largelylocal voices to promote
innovation,
o continue to expand our direct engagementwith the governmentof India at the central and state levels
to encourage the adoption of innovation friendly policies,and
o highlightthe contrastbetween India’s rhetoric on IP issues in multilateral fora versus commercial reality
in Delhi.
 Defend trademark rights by opposing plain packaging proposals in key countries and by educating key
governments in advance of the negative consequences ofsuch proposals.
 Promote the use of only authorized copyrighted works by governmentagencies,contractors,and employees
and the adoption of bestpractices and benchmarks to preventinfringementand ensure and measure
compliance.
 Advocate for Congress to give the U.S. Patent and Trademark Office the ability to fully utilize the fees paid
by patent applicants to reduce the backlog of pending applications and shorten pendencytimes.
Raise awareness and increase support among key audiences for the value of strong IP rights as drivers
of innovation and creativity.
 Build alliances to create and deliver pro-IP messages to Congress,the administration,state-level officials
and organizations,academics,and other stakeholders as partofa national echo chamber.
 Produce rationale,fact-based,and actionable research reports and white papers thatsupportour work
plans and messages.
 Maximize earned media exposure ofachievements,research,issues,and messages through press
conferences,statements,blogs,Facebook,Twitter, videos,and other forms of media to help drive policy
and the Chamber’s role as a leader on IP.
 Develop a first-class website thatserves as the go-to site for the latestnews,information,and research on
IP, innovation,and creativity.
 Build relationships with national and international media,including specialized trade and industry
publications.
Appendix 3:
Appendix 4:
Appendix 5:
Appendix 6:
Appendix 7

More Related Content

What's hot

US EU TTIP August 2015
US EU TTIP August 2015US EU TTIP August 2015
US EU TTIP August 2015
John Giles
 
Recession 2012-13 and its impact
Recession 2012-13 and its impactRecession 2012-13 and its impact
Recession 2012-13 and its impact
mohishukla
 
10 predictions chocs_de_saxo_banque_pour_2014
10 predictions chocs_de_saxo_banque_pour_201410 predictions chocs_de_saxo_banque_pour_2014
10 predictions chocs_de_saxo_banque_pour_2014
Réseau International
 
Current Market Intelligence - Copy Edited 090426 (DBM-Court Final)
Current Market Intelligence - Copy Edited 090426 (DBM-Court Final)Current Market Intelligence - Copy Edited 090426 (DBM-Court Final)
Current Market Intelligence - Copy Edited 090426 (DBM-Court Final)
Court Bradley
 
Taking a long view
Taking a long viewTaking a long view
Taking a long view
Wesley Fogel
 

What's hot (18)

Global Financial Crises & Developing Countries
Global Financial Crises & Developing CountriesGlobal Financial Crises & Developing Countries
Global Financial Crises & Developing Countries
 
3PL Summit & CSCO Forum USA 2016
3PL Summit & CSCO Forum USA 20163PL Summit & CSCO Forum USA 2016
3PL Summit & CSCO Forum USA 2016
 
National 1Q15
National 1Q15National 1Q15
National 1Q15
 
Eurozone falling chickens choice internal or external devaluation
Eurozone falling chickens choice   internal or external devaluationEurozone falling chickens choice   internal or external devaluation
Eurozone falling chickens choice internal or external devaluation
 
High Yield Bonds - The Rise of the Fallen
High Yield Bonds - The Rise of the FallenHigh Yield Bonds - The Rise of the Fallen
High Yield Bonds - The Rise of the Fallen
 
The financial system, the first global dictator 2
The financial system, the first global dictator   2The financial system, the first global dictator   2
The financial system, the first global dictator 2
 
US EU TTIP August 2015
US EU TTIP August 2015US EU TTIP August 2015
US EU TTIP August 2015
 
Star-Gazette letters-to-the-editor By Gerald J. Furnkranz 2005-09
Star-Gazette letters-to-the-editor  By Gerald J. Furnkranz 2005-09Star-Gazette letters-to-the-editor  By Gerald J. Furnkranz 2005-09
Star-Gazette letters-to-the-editor By Gerald J. Furnkranz 2005-09
 
Recession 2012-13 and its impact
Recession 2012-13 and its impactRecession 2012-13 and its impact
Recession 2012-13 and its impact
 
Market Trends May/June 2013
Market Trends May/June 2013Market Trends May/June 2013
Market Trends May/June 2013
 
The Real Estate Report May/June - Prices Hit All-Time Highs
The Real Estate Report May/June - Prices Hit All-Time HighsThe Real Estate Report May/June - Prices Hit All-Time Highs
The Real Estate Report May/June - Prices Hit All-Time Highs
 
The Investment World in 2011
The Investment World in 2011The Investment World in 2011
The Investment World in 2011
 
TPL July 27 17
TPL July 27 17TPL July 27 17
TPL July 27 17
 
10 predictions chocs_de_saxo_banque_pour_2014
10 predictions chocs_de_saxo_banque_pour_201410 predictions chocs_de_saxo_banque_pour_2014
10 predictions chocs_de_saxo_banque_pour_2014
 
Current Market Intelligence - Copy Edited 090426 (DBM-Court Final)
Current Market Intelligence - Copy Edited 090426 (DBM-Court Final)Current Market Intelligence - Copy Edited 090426 (DBM-Court Final)
Current Market Intelligence - Copy Edited 090426 (DBM-Court Final)
 
The Concord Group's Housing Recovery Forecast
The Concord Group's Housing Recovery ForecastThe Concord Group's Housing Recovery Forecast
The Concord Group's Housing Recovery Forecast
 
Getting back to growth: Global powers of the consumer products industry 2011
Getting back to growth: Global powers of the consumer products industry 2011Getting back to growth: Global powers of the consumer products industry 2011
Getting back to growth: Global powers of the consumer products industry 2011
 
Taking a long view
Taking a long viewTaking a long view
Taking a long view
 

Viewers also liked

Calon ahli majlis tertinggi
Calon ahli majlis tertinggiCalon ahli majlis tertinggi
Calon ahli majlis tertinggi
nissahana92
 
Mechanical student in goel
Mechanical student in goelMechanical student in goel
Mechanical student in goel
Kamal Dwivedi
 
Producto De CampañA
Producto De CampañAProducto De CampañA
Producto De CampañA
guest2153b5
 

Viewers also liked (20)

Calon ahli majlis tertinggi
Calon ahli majlis tertinggiCalon ahli majlis tertinggi
Calon ahli majlis tertinggi
 
2015 ise powersports 4x4
2015 ise powersports 4x42015 ise powersports 4x4
2015 ise powersports 4x4
 
潜在顧客を掘り起こすIT活用セミナー(福岡県)大牟田商工会議所
潜在顧客を掘り起こすIT活用セミナー(福岡県)大牟田商工会議所潜在顧客を掘り起こすIT活用セミナー(福岡県)大牟田商工会議所
潜在顧客を掘り起こすIT活用セミナー(福岡県)大牟田商工会議所
 
Tripticospis 140905082248-phpapp01
Tripticospis 140905082248-phpapp01Tripticospis 140905082248-phpapp01
Tripticospis 140905082248-phpapp01
 
ใบสมัครงาน
ใบสมัครงานใบสมัครงาน
ใบสมัครงาน
 
Mechanical student in goel
Mechanical student in goelMechanical student in goel
Mechanical student in goel
 
Cambio
CambioCambio
Cambio
 
Facsimil2sh solucion
Facsimil2sh solucionFacsimil2sh solucion
Facsimil2sh solucion
 
бухгалтерский баланс
бухгалтерский балансбухгалтерский баланс
бухгалтерский баланс
 
Uk doc 4
Uk doc 4Uk doc 4
Uk doc 4
 
South Carolina slavery
South Carolina slaverySouth Carolina slavery
South Carolina slavery
 
Mijo mijo
Mijo mijoMijo mijo
Mijo mijo
 
El bautismo
El bautismoEl bautismo
El bautismo
 
Prevision lundi 08 septembre 2014
Prevision lundi 08 septembre 2014Prevision lundi 08 septembre 2014
Prevision lundi 08 septembre 2014
 
Producto De CampañA
Producto De CampañAProducto De CampañA
Producto De CampañA
 
Presentación
PresentaciónPresentación
Presentación
 
Prevision mardi 09 septembre 2014
Prevision mardi 09  septembre 2014Prevision mardi 09  septembre 2014
Prevision mardi 09 septembre 2014
 
Actividades
ActividadesActividades
Actividades
 
A alma da_mulher ok
A alma da_mulher    okA alma da_mulher    ok
A alma da_mulher ok
 
5.6
5.65.6
5.6
 

Similar to Final Inernational Report

Can Monetary Policy Prevent Financial Crises?
Can Monetary Policy Prevent Financial Crises?Can Monetary Policy Prevent Financial Crises?
Can Monetary Policy Prevent Financial Crises?
International Journal of Economics and Financial Research
 
Germany PestleIntroductionThe republic of Germany contains six.docx
Germany PestleIntroductionThe republic of Germany contains six.docxGermany PestleIntroductionThe republic of Germany contains six.docx
Germany PestleIntroductionThe republic of Germany contains six.docx
shericehewat
 
Sustain Demographic Dividend. Presentation in Italy_Dr. Wilcox. University of...
Sustain Demographic Dividend. Presentation in Italy_Dr. Wilcox. University of...Sustain Demographic Dividend. Presentation in Italy_Dr. Wilcox. University of...
Sustain Demographic Dividend. Presentation in Italy_Dr. Wilcox. University of...
InterMedia Consulting
 
Student Counselor Today Amelia Yee-J.docx
Student Counselor  Today    Amelia Yee-J.docxStudent Counselor  Today    Amelia Yee-J.docx
Student Counselor Today Amelia Yee-J.docx
adkinspaige22
 
Student Counselor Today Amelia Yee-J.docx
Student Counselor  Today    Amelia Yee-J.docxStudent Counselor  Today    Amelia Yee-J.docx
Student Counselor Today Amelia Yee-J.docx
madlynplamondon
 
· Germany PESTLE ·      The Federal Republic of Germany consist.docx
· Germany PESTLE ·      The Federal Republic of Germany consist.docx· Germany PESTLE ·      The Federal Republic of Germany consist.docx
· Germany PESTLE ·      The Federal Republic of Germany consist.docx
odiliagilby
 
InternationaltopicsEcono.docx
InternationaltopicsEcono.docxInternationaltopicsEcono.docx
InternationaltopicsEcono.docx
mariuse18nolet
 

Similar to Final Inernational Report (20)

Can Monetary Policy Prevent Financial Crises?
Can Monetary Policy Prevent Financial Crises?Can Monetary Policy Prevent Financial Crises?
Can Monetary Policy Prevent Financial Crises?
 
Six revolutions and their significance
Six revolutions and their significanceSix revolutions and their significance
Six revolutions and their significance
 
Key learnings from the 61st global summit of the consumer goods forum
Key learnings from the  61st global summit of the consumer goods forumKey learnings from the  61st global summit of the consumer goods forum
Key learnings from the 61st global summit of the consumer goods forum
 
The enigma of us productivity slowdown a theoretical analysis
The enigma of us productivity slowdown a theoretical analysisThe enigma of us productivity slowdown a theoretical analysis
The enigma of us productivity slowdown a theoretical analysis
 
Germany PestleIntroductionThe republic of Germany contains six.docx
Germany PestleIntroductionThe republic of Germany contains six.docxGermany PestleIntroductionThe republic of Germany contains six.docx
Germany PestleIntroductionThe republic of Germany contains six.docx
 
Online Advocacy And blog Reading
Online Advocacy And blog ReadingOnline Advocacy And blog Reading
Online Advocacy And blog Reading
 
Sustain Demographic Dividend. Presentation in Italy_Dr. Wilcox. University of...
Sustain Demographic Dividend. Presentation in Italy_Dr. Wilcox. University of...Sustain Demographic Dividend. Presentation in Italy_Dr. Wilcox. University of...
Sustain Demographic Dividend. Presentation in Italy_Dr. Wilcox. University of...
 
Student Counselor Today Amelia Yee-J.docx
Student Counselor  Today    Amelia Yee-J.docxStudent Counselor  Today    Amelia Yee-J.docx
Student Counselor Today Amelia Yee-J.docx
 
Student Counselor Today Amelia Yee-J.docx
Student Counselor  Today    Amelia Yee-J.docxStudent Counselor  Today    Amelia Yee-J.docx
Student Counselor Today Amelia Yee-J.docx
 
research
researchresearch
research
 
Carlos Mulas Granados: comments on Beetsma, Debrun and Sloof
Carlos Mulas Granados: comments on Beetsma, Debrun and SloofCarlos Mulas Granados: comments on Beetsma, Debrun and Sloof
Carlos Mulas Granados: comments on Beetsma, Debrun and Sloof
 
Davos 2016
Davos 2016 Davos 2016
Davos 2016
 
JSA RMF February 2018 UPDATE
JSA RMF February 2018 UPDATEJSA RMF February 2018 UPDATE
JSA RMF February 2018 UPDATE
 
Germany pw-gw-budget
Germany pw-gw-budgetGermany pw-gw-budget
Germany pw-gw-budget
 
· Germany PESTLE ·      The Federal Republic of Germany consist.docx
· Germany PESTLE ·      The Federal Republic of Germany consist.docx· Germany PESTLE ·      The Federal Republic of Germany consist.docx
· Germany PESTLE ·      The Federal Republic of Germany consist.docx
 
Vieslekcija Latvijas Universitātē: Kā D. Trampa prezidentūra ietekmē Eiropu? ...
Vieslekcija Latvijas Universitātē: Kā D. Trampa prezidentūra ietekmē Eiropu? ...Vieslekcija Latvijas Universitātē: Kā D. Trampa prezidentūra ietekmē Eiropu? ...
Vieslekcija Latvijas Universitātē: Kā D. Trampa prezidentūra ietekmē Eiropu? ...
 
Die Billionen Schuldenbombe
Die Billionen SchuldenbombeDie Billionen Schuldenbombe
Die Billionen Schuldenbombe
 
InternationaltopicsEcono.docx
InternationaltopicsEcono.docxInternationaltopicsEcono.docx
InternationaltopicsEcono.docx
 
The microstructure of the european sovereign bond market. Loriana Pellizzon. ...
The microstructure of the european sovereign bond market. Loriana Pellizzon. ...The microstructure of the european sovereign bond market. Loriana Pellizzon. ...
The microstructure of the european sovereign bond market. Loriana Pellizzon. ...
 
The West _ Final Copy
The West _ Final CopyThe West _ Final Copy
The West _ Final Copy
 

Final Inernational Report

  • 1. Vladimir Nitta 12 Primary International Music Markets UK, USA & Germany Word Count: 3451
  • 2. Introduction: Thisreportwill focusonthree International musicmarkets,UK,USA and Germany;lookingat their significantfeaturesanddifferences. Factorsthat will be consideredwill include political,socio- cultural,economic,social andlegal aspects.Followingthat,the marketswill be analysedinregards to theirretail anddistributionandoffline/online promotions andthe live markets toestablishif and whatimpedimentsthere are tothe promotionof UK musicinthose sectors. Whenlookingatthe global musicmarket,itis evidentthatthe UnitedStates,UnitedKingdomand Germanyare keyplayerswithinthe musicmarket.Consideringmarketshare of the global recorded music,accordingto(IFPIandRIAJYearbook2011)USA was rankednumberone withamarketsize of 24.5% whichisworth4,562.0 milliondollars.Germanywasrankedthirdwithamarketshare of 10.5% and a value of 1,945.8 milliondollarsfollowedby the UK whichwasrankedfourthwitha share of 9.3% and a value of 1,730.5 million dollarsinthe year2009.(Data available inappendix1) Part 1, Political,Socio-Cultural,Economic,Social and Legal Factors: Political Factors: UK: Firstof all,consideringUKand Europe,itis clearthat DavidCameronhasvetoedonan EU-wide treatychange to tackle the euro zone crisis,(BBC2012) DavidCameronhas done thisas he believes thisisnot in the UK’s bestinterests. Thismaybe agood thingas he istryingto protect our economy fromthe threatsof Europe however there couldbe risktotrade in the future andloose influence in Europe as mentionedbyLordHaseltine.(Telegraph2012) There isalso an opportunityforlive asFeargl Sharkeymentionedthatthe governmenthas confirmedtoexemptsmall venuesfromthe LicensingActwhichwill allow agreateramountof live performances beingtakenoninsmall venuesaccordingtothe Live MusicBill (Total Politics2012) Opportunitiestogetbusinessgrantsfornew startups and small businesses,thiscouldleadtonew musiccompaniesbeingsetupinthe UK. UK Music bringsforwardissuesconcerningthe industryto governingbodies.(UKMusic2012) USA: Obama’sadministration announcedin2010 that theywouldworkoncracking downon piracy;this move bythe governmentcouldleadtoprosecutionof infringersandpossible increase of revenuesin the future.(DailyTech2012) The US alsosupportsIPand copyrightsthrougha listof policypriorities in2011 whichare aimedto tackle illegal infringement andstrengthenandenforce the protectionof IP rights. (Us Chamberof Commerce 2012) The priorities canbe seeninappendix 2. There is alsomonitoringonexplicit contentinmusicthroughthe use of parental advisorylabel programme.(RIAA 2011) Like UK Music, RIAA alsobringsconcernsto the governmentandworks toprotectIP rightsand reviewingpoliciesandstate andfederal laws.(RIAA 2012)
  • 3. Germany: Germanycouldbe willingto offerUKthe protectiontheywanted inEurope,whichwas earlier, refusedandledtoMr Cameron’sveto.(DailyMail 2012) Socio-Cultural: Each country will be analysedby agraph depictingtheirscore according to Hofstede. (Geert Hofstede 2012) UK: - It isvisible thatUKhas a lowPDI meaningpeopleliketobe involvedindecision makingratherthan everythingbeingcentralisedandrunby a minority. The high IDV showsthatpeople are more individualinthe, whilstthe MASshowsthatmale dominance isnotas highand there isa level of equalityandbothmale andfemininevaluesare present.The UKculture isalsomore likelytotake risksand be acceptingto changeswhilsthavingafocusonshort-termtargetsunderLTO. USA:
  • 4. USA have a higherPDIbut theystill share a similarview asthe UKregardinghow organisationsare run and whoisinvolvedindecision-making.TheirIDV isalsohighersotheyare more relianton themselveswhenitcomestogettingthingsdone. ConsideringMAStheirscore islowerthanthat of UK, thisshowsus thatthere is a sense of equalityinbothmasculineandfemininevaluesineveryday life/operations.USA are lesslikelytotake riskthanUK, but theywill stillbe accustomed tochange concerningtheirUAI,andtheyare are alsofocusedonshort-termtargets. Germany:
  • 5. Germanyis similartoUK inregardsto PDI and decisionsare more decentralised.Onanindividual scope theyseemprettyindividualbutalsorelyonothers.MASwise,itisseenthat masculine values are more dominantbutthe feminineaspectsare still present.TheirUAIishigherthanthat of UK, thisshowsthat theyare lesswelcome tochange andthat there issignificance attachedtorulesand risksare avoidedandlike UKandUSA theyare focusedonshort-termtargets. Economic: UK: It was mentionedinThe Guardianthatretailerswouldtake advantage of the VATrise to20% and increase theirpricesin2011. (Guardian2012) Interestrate iscurrentlyat 0.5%. (BankOf England2012) Thiscouldmeanlesspeople savinganda possible chance of increasedrevenues.Howeverasthe inflationrate is4.8%,whichis2.8% above the 2.0% target(BankOf England2011), thismightmeana reductioninrevenuesaspriceswould be goingup andas wagesseemtobe stayingthe same (Guardian2011) and there islessdisposable income. Alsoconsideringunemploymentwhichisdisplayedinthe graphbelow,the amountof people unemployedbyOctober2011 was 2.64m. (BBC 2012) This will affectsalesaspeopledonot have moneydue tonot havingwork.
  • 6. UK’s GDP was valued2.25 Trilliondollarsin2010 by (WorldBank2012). Thisdata can be seenin Appendix 3. There isalso a possibilityof 1.2millionjobsbeinglostinEurope due topiracyby 2015. (IFPIDigital Music Report2011) The graphs belowshowthe marketshare Major labelshave inthe UK musicMarketwithUniversal leadingboththe digital andphysical market.(Phil Hardy,2011, Dire Straits) (Take note EMI isnowowned bySonyand Universal) USA:
  • 7. The US alsohas problemswithunemployment.The graphbelow showsthatunemployment is aroundthe 8.5m mark howeverthere are signsthatitis fallingwhichisbothvisible inthe graphand chart. (BureauOf Labour Statistics2012) The current interestrate inthe US is currentlyat0.25% whichhas beenlike thatsince December 2008. (TradingEconomics2012) Thiscouldbe a positive asmentionedbefore aspeopleare more likelytospendratherthansave. Anotherfactorwhichcouldaffectthe salesof musicinThe US is the inflationrate,lookingatthe chart below,the ratesisat 3.4% thusthere will be increasesinprice of necessitiessuchasfoodetc. (TradingEconomics2012)This meansthat there couldbe an opportunitycostof not gettingwants
  • 8. such as music. Consideringthe GDPaspectinthe UnitedStates,accordingto (WorldBank2012) the USA GDP was worth14.5824 Trilliondollars bythe endof 2010. The table forthat can be seeninappendix 4. Consideringthe graphbelow itisclearthatUniversal isthe marketleaderinthe US for bothdigitall and physical sales.(Phil Hardy,2011 Dire Straits) (Take note EMI isnowownedBy SonyandUniversal)
  • 9. DifferentRevenuestreamsformusicinthe USA can be seeninthe chart below. (IFPILetsPlay) Germany: The unemploymentrate inGermanyiscurrently at 6.6 percentfollowingfallsandthenan increase. Data shownbelow(TradingEconomics2012) That percentage indicatesthatapproximately 2.88millionare unemployedinGermany.(BBC2012) Concerningthe interestrate,thatiscurrentlyat1% whichis higherthanbothUK and USA. (Trading Economics2012)
  • 10. Concerninginflations,the rate iscurrently at2.1 percent.(TradingEconomics2012) It is lowerthan UK and USA thiscouldbe a positive forthe musicmarketaspeople mighthave more disposable income topurchase music.(The chart for inflationcanbe seeninappendix5.) In regardsto GDP (WorldBank 2012) indicatedthatGermanysGDP was3.31 trilliondollarsbythe endof 2010, withsignsof a decline.(Chartavailableinappendix 6.) Accordingto (GrabStats2012) The US Digital Music Revenuesare valued $5.3Billion.Withthe trend showingarise each year. Lookingat the graph belowitcan be seenthatUniversal isthe marketleaderwith35.7%share at the endof 2009. (Phil Hardy,2011, Dire Straits) (Take note EMI isnow owned by Universal and Sony)
  • 11. Social: UK: Social factorscould be issuesinthe local communitiesandthe banningof eventsbypolice especially if the area is knowforviolence orthe act has got a historyof violentfanse.g.artistslike Giggs. (Guardian2012) Alsoaccordingto the (Guardian2012) police are accusedof discriminatingagainst the urban musicscene,andcarryingout riskassessmentsbasedonethnicityandcancancel showsat short notice. UK populationiscurrentlyageingwiththe predictionof 1 infour beingover65 by 2050. (Parliament UK) Thiscouldleadto musicthat isbeingmarketedatyoungpeople see afall inrevenuesinthe future. USA: The US alsohas an ageingpopulation,with65+ being19% of the US populationby2030. (AdministrationonAging2012) Nearly40% of 45 yearoldswere buying albumsinAmerica.(MusicIndustryBlog2012) There could be potential inexploitingthatmarket. 40% of top20 acts have a singerof 60 yearsand older.(MarketingCharts2012) Germany: Germanywas the largestonline audiencesin2009. (ComScore 2012) This meansthatthere is potential togrowrevenuesinthe digital musicmarket. Germanyalsohas an ageingpopulation,whichispredictedtocause a of 5 millionworkersinthe nextdecade anda half.(Guardian2012) Germanmusic salesare alsoon the rise, whichcouldbe problematictopromotingUKmusicinthat region. Legal: UK: Legal factors suchas licensinglawsforvenuescouldaffectanevent.The licensingActof 2003 makes it easiertogetall licencesfromone place.(Culture.gov 2012) 1988 Copyright,DesignAndPatentsAct1988 has beenusedinthe highcourt to getBT to block Newzbin 2for copyrightinfringement.(Independent2012) Thiscouldopenup doorsto force internetproviderstobe forcedto blockinfringingcontentinthe future.(MusicLaw Updates2012) Law may be relaxedoncopyingyourownCD’sto your mp3 playerwhichisillegal inthe UK.These recommendationswere mentionedinthe HargreavesReview,andthere wasalsomentionof relaxationonlawsregardingcomical parodieswhichare alsoillegal.Thesenew lawscouldleadto more newtechnologiesthrivingandapossible £8bnbenefittothe economy.(BBCNewsbeat2012)
  • 12. DEA 3 strikeswarninglettersare likelytostartgoingout in2013. (MusicLaw Updates 2012) So infringersmaynotbe affecteduntil then. USA: Rightnowthere is a case betweenUniversalandseveral artistswhichfocusesonroyaltiesdealing withdigital,currentlylabelslike tocalculate digital royaltiesatthe same level asphysical sales. Howeverasthere isno financial inputintodigital,artistsdeemitfairtohave a higherroyaltyrate, thiscase couldleadtodifferentcalculationsbeingusedfordigitalroyalties inthe future andmaking it fairerforthe artists.(MusicLaw Updates 2012) Supreme Courtconfirmsthatdownloadisnota publicperformance underfederal copyrightlaw. (MusicLaw Updates2012) StopOnline PiracyActcouldbe droppedafterObamasaid he wouldnotsupportit due to it threateningthe opennessof the internet.(Guardian2012) Germany: GEMA has beencalculatingthe royaltiesitcollectsbasedonthe size of the space where the musicis played.Some eventorganiserswereunhappywiththisastheymentionedsome partsof outdoor eventswill notbe accessible topeople due tostandsetc.beingthere andthatthe musicmay notbe heardfrom furtherpoints. Howeverthe courtand court of appeal decidedthatGEMA isentitledto calculate throughthose means,asthere will be new listenerswalkinginandoutof the areaswhere musicis heard.(Music Law Updates2012) The German Associationof ConcertPromotershasappliedtosetupa new collectionsocietywhich will focusonneighbouringrightsandcollectingroyaltiesforexploitationsof recordedliveeventsin Germanyevenif theywere recordedanywhere else inthe world.(MusicLaw Updates2012) -ConsideringbothGermanyandUK, the committee inBrusselshave agreedtoextendcopyright across Europe by 20 years.Thiswill allow the copyrightholdersanextra20 yearsof financial gain throughroyaltiesfromthose works.(Financial Times2012) Part 2, Retail & Distribution System,Online & Offline Promotion/TV/Radioand Live MusicMarket: Consideringthatthe firsthalf of thisreporthascovered political,socio-cultural,economical, social and legal factorsthe secondpart will lookatthe retail & distributionsystem,online andoffline promotion/radio/tv andthe live musicmarketandwhatthe impedimentsthere couldbe to promotingUK musicinthose countries. Retail and DistributionSystem: UK: HMV is UK’s biggestmediaretailer;their salesduringthe Christmasperiodwere8.2% lowerthanthe previousyear.(BloombergBusinessWeek2012) Thiscouldbe a potential forecastforthe following yearsalesconsideringgrowthwillbe flat.(Guardian2012) HMV were alsoclosing60 storesin2011,
  • 13. thiswill affectmusicretailingastheyare the onlymajormusicretailerinthe UK, (BBC2012) and the amountof independentstoreshasshrunk.(MusicWeek2012) Supermarketsinthe UK such as Tesco & Asdadominate theirmarket’s(Guardian2012),thisgives thembargainingpowerandthe amountof customerstheycan reach. Throughthat theycan undercutcompetitorsbysellingbelowRRP’sthushavingthe powerof suppliersunderPortersFive Forces. Cd albumsare still the mostprofitable productinthe UKmusicmarket as theyhad76% of sales, (MusicIndustryBlog2012) whilstApple hasbecome UK’s2nd largestonline retailerwith iTunes havingapproximately70%share of the download market.(MusicWeek2012) USA: iTunesdominatesthe USdigital marketwith66.2% share of the market.(The NextWeb2012) CD’s rose to 82% of albumsales,considering3quarter of albumsalesinthe Statesare made offline. (MusicIndustryBlog2012) Whichis done throughmajorretailerssuchasBestBuy and Walmart who can affordto sell musicbelowrrp’s due totheirpurchasingpowerandsize. Germany: Germanyhas a strongermusicretail sectorthan UK, as ithas two electronicsretailers;MediaMarkt and Saturnwho are similartoHMV. WithSaturn having144 retail stores,includingMusicDome whichwonthe Echo Award forbestmusicretailerandmediaMarkt having237 stores.They accountedfora thirdof the Germanphysical musicmarket,(MusicWeek2012) whichisstill quiet strongas itonlysawa fall insalesbyonly2.2%. (musikindustrie.de2012) Germanmusic consumptionhasalsohadan increase inthe amountof German musicbought,this showsthat Germanmusicis startingto dominate the Germanmarketandcharts. (Billboard2012) Thiscouldbe a keyimpedimenttopromotingUKmusicas the majorityof musicboughinGermany is nowbecomingGerman. Online & Offline Promotion/TV/Radio: UK: Currentlyalot of artist andlabelstake advantage of social networkstodoonline promotionof their musicand shows. Some promotionisdone inmagazines,TV andradioplay-listsdependingonthe stature of the artistand whomtheyare signedto. Music awards on TV such as Britsleadto majorUS acts winningawards, actssuchas JustinBieber. (stv2012) Thispromotesartistona national anda global scale. Music magazinesalsoprovide information,onartistsandhelppromote shows,magazinessuch Music Week,Kerrang,posterandBillboardsignsadvertisingaswell asonthe bus andin the tube.
  • 14. USA: Spotifywill have limitationsonthe amountof musictheycan listentoas free subscribersafterthe first6 months.(Hyperbot2012) Thiscouldlimitthe possibilityof UKacts beingheardinthe US. Pandorais alsounavailablein the UKdue to licensingconstraints.(Pandora2012) Thiscan work as a threatof substitutesunderPortersanalysisasconsumerswill lookforadifferentservice. There are alsoissues of radioplaylistsjustlike inthe UK,thismakesitharder fornew UK acts to be heardin the USA and the past controversiesof payolastill have aneffectonradiosinthe states. Online promotionalsohassome difficultiesas MTV regionrestrictionsmake some UScontent unavailable inothercountries. Onlinehas alsomade itharderfor UK acts to breakAmerica, accordingto Californian bookingagentFrankRiley.(NME2012) Howevershowssuchas WWE promote musicbyhavingsongsbe theme tunesforspecial PPV’s.Forexample Tinie’sWrittenInThe Stars wasthe theme songforWrestlemania2011. (923 Radio2012) These eventsare a great promotiontool forUK acts as it can showcase talenttothe whole world.Anotherpossible wayof promotingUK talentwouldbe tosecure synchronizationrightsforuse of musicinAmericanshows and commercials. Magazinesand billboardscanalsoprovide promotionforshowsandartists,withnumerous magazinesforeachspecificgenre. Germany: Deezerentersthe GermanmarketbeatingSpotify,by reachinganagreementwith Bitkomto transfer6eurocents to9 centsper songto Gema. (Bloomberg2012) This couldbe a benefittoUK musicians, astheywill be reimbursedfortheirmusicbeingstreamedinGermany. MTV Europe also ensuresthatmusicispromotedthroughitschannels inplaceslike the UKand Germany.Social networkswouldalsoplayavital part inpromotingmusic,howeverthe language barrierswill have to be overcome. Theywill alsopromote musicintermsof magazinesandposters,radioadvertsetc. Live Music Market: UK: HMV are consideringthe sale of theirlive MAMA groupdue tochallengingfinancial results.(Music Week2012) Thiscouldleadto more marketshare forAEG andLiveNation (MusicWeek2012) who are alreadythe 2 keyplayersinthe live industry,theyorganise keylive eventslike Glastonburyas well asshowsbyfamousbandsand artists. Bigshowsfail to sell outarenasas live industrystuttered in2010 according to analysts,andlive revenuesfor2010 fell by6.7%. (Guardian2012) This fall could be due to a lackof investmentandnewbandsmakingitintothe charts. Howeverlive musichasa big impacton the UK economyasit isclaimedthatit contributes£1bnto the economyeachyear.(BBC 2012) A majorevent,Glastonburyhasbeencancelledthisyear(Telegraph2012) thiswill undoubtedly reduce the revenue expectedforlive musicthisyear.
  • 15. USA: Live NationandAEG are alsokeyplayersinAmerica Oldermusicactsdrive the US touringrevenue numbers. (MarketingCharts2012) The pie chart (Appendix 7) showsthe age percentage of top20 acts. Animpedimentof thistobreakinga UK act in Americaisthat,these olderactshave an establishedfanbase anditcouldprove difficulttotryand breaktheirmarketwithyoungerUKacts. The Top 100 NorthAmericanshowshave grossed3.7% more in revenuescomparedtolastyear, howeverattendancesfell,possiblydue toanaverage price of $67.36 amongthe top 100 North Americantours.(Forbes2012) Thiscouldprove problematictopromotingaUK artistas consumers may notwant to spendthatkindof moneyona new act from the UK. Germany: AEG ownsGermanys mostprestigiousarena,O2World (Phil Hardy,2011,Dire Straits).Accordingto Phil;Live Nationenteredthe Germanmarketin2008 to compete withAEG. Phil alsomentionsthat the German Live Industrywasworth$3.78bn in2008 aftera fall of 9% and a similaramountin2009. Consideringlive musicinGermany,the sell outtourscame fromacts suchas Rihanna,Coldplayand Metallica.(Phil Hardy,2011,Dire Straits) GEMA has alsoincreasedit’slive performance rate forconcertswithan attendance of 15,000 andup to 7.65% of gross takings,upfromthe previous3.58%.(Phil Hardy,2011,Dire Straits) Conclusion: Whenlookingatthese three markets,the have some majorsimilaritiesanddifferences.After analysingeachmarket,itcan be seenthat there are impedimentsforpromotingUKmusicregarding the sheersize of Americaanditsdifferent time zone’stothe language barriersinGermany.Also consideringthe average age of performersinAmerica,itisevidentthatthe establishedbandsare the more successful,andthe amountof 45 year oldsbuyingmusicisalsoincreasing.Thismeansthat the Americanconsumerismore likelytobuymusicfroman act theyknow rather than an unknown artistfrom the UK. Consideringthatradiopromotionmaybe difficultthe actsfrommajorlabelsget airplay.There are obviouslyopportunitiestogetmusicsyncedincommercialsorTV shows,or promotedonkeyTV events,whichhasbeendone withTinie Tempa’sWrittenInThe Starsand Wrestlemania.’ RegardingimpedimentstopromotingUKmusicinGermany,data suggeststhatGerman acts are becomingpore popularasGermanmusicsalesare now startingto dominate the Germanmusic market.This showsthat theyare more likelytolistensomething homegrown ratherthanan act from abroad. Alsothe Live performance rate will have anadverse effectonthe amountof moneyUK artistsmake in Germany as the rate hasalmostdoubled. Alsoaccordingto the statisticsregardingmarketshare byeachcountry,it wouldbe a loteasierto promote a UK act if theywere signedtoUniversal astheycan use theirinfluence topromote and artistin a givenmarket witheachcountry’ssubsidiary.
  • 16. In regardsto Hofstedesanalysis,the differencesbetweenthese threemarketshave beenidentified. USA and UK are prettymuchsimilaronthe Socio-Cultural aspect,butGermanyissomewhat different.Theyare lesslikelytotake risksandare more unwelcome tochange unlike their counterpartsUK and USA.This unwelcomeattitude tochange andriskswill be amajor impediment to tryingto bringa newartist fromthe UK into theirmarketas there maybe a risktheywontadopt to the newact. References: Websites: 923 Radio(2012), Available At:http://923now.radio.com/2011/12/22/tinie-tempahs-name-was- written-in-the-stars-in-2011-but-whats-the-meaning-behind-his-name/ [Accessed12thJanuary 2012] AOA.gov(2012), AvailableAt: http://www.aoa.gov/aoaroot/aging_statistics/index.aspx [Accessed 16th January2012] Bank Of England(2012), AvailableAt:http://www.bankofengland.co.uk/ [Accessed5thJanuary2012] BBC (2012) CameronBlocksEU, Available At: http://www.bbc.co.uk/news/uk-16104275 [Accessed 4th January 2012] BBC (2012), AvailableAt:http://www.bbc.co.uk/news/10604117 [Accessed5thJanuary2012] BBC (2012), AvailableAt:http://www.bbc.co.uk/news/business-13405724 1[Accessed12thJanuary 2012] BBC (2012), AvailableAt:http://www.bbc.co.uk/news/business-16390429 [Accessed6thJanuary 2012] BBC (2012), Newsbeat,AvailableAt:http://www.bbc.co.uk/newsbeat/14384815 [Accessed9th January2012] BBC (2012), AvailableAt:http://www.bbc.co.uk/news/business-12117510 [Accessed12thJanuary 2012] Billboard(2012),Available At:http://www.billboard.biz/bbbiz/others/germany-increasingly-buying- music-by-german-1005622552.story [Accessed18thJanuary2012] BLS.gov(2012), AvailableAt:http://data.bls.gov/timeseries/lns14000000 [Accessed5thJanuary 2012]
  • 17. Bloomberg(2012), AvailableAt:http://www.bloomberg.com/news/2011-12-15/deezer-enters- germany-beating-spotify-handelsblatt-reports.html [Accessed10thJanuary2012] BusinessWeek(2012),AvailableAt:http://www.businessweek.com/news/2012-01-09/hmv-group-s- christmas-period-sales-8-2-lower-on-weak-demand.html[Accessed9thJanuary2012] BusinessWeek(2012),AvailableAt:http://www.businessweek.com/news/2012-01-09/hmv-group-s- christmas-period-sales-8-2-lower-on-weak-demand.html[Accessed9thJanuary2012] Culture.gov(2012) RegulatedEntertainment,AvailableAt: http://www.culture.gov.uk/what_we_do/regulated_entertainment/4060.aspx [Accessed5th January2012] Comscore (2012), Available At:http://www.comscore.com/Press_Events/Press_Releases/2009/5/Turkey_has_Seventh_Largest_ Online_Audience_in_Europe [Accessed11thJanuary2012] DailyMail (2012) Available At:http://www.dailymail.co.uk/news/article-2075924/Eurozone-crisis- David-Camerons-defiance-rewarded-Merkels-man-snubs-Sarkozy.html [Accessed4thJanuary2012] DailyTech(2012) Available At:http://www.dailytech.com/Obama+Administration+Announces+Massive+Piracy+Crackdown/artic le18815.htm [Accessed4thJanuary2012] Financial Times,Europe toextendperformercopyright:http://www.ft.com/cms/s/0/80576fda-da35- 11e0-90b2-00144feabdc0.html#axzz1iyC1OOSI [Accessed 9thJanuary2012] Forbes(2012), Available At:http://www.forbes.com/sites/zackomalleygreenburg/2012/01/06/live- music-in-2011-revenues-up-attendance-down/ [Accessed16thJanuary2012] GeertHofstede (2012) UnitedStates,Available At:http://geert-hofstede.com/united-states.html [Accessed4thJanuary2012] GeertHofstede (2012) UnitedKingdom,Available At: http://geert-hofstede.com/united- kingdom.html [Accessed4thJanuary2012] GeertHofstede (2012) Germany,AvailableAt:http://geert-hofstede.com/germany.html [Accessed 4th January 2012] Google WorldBank (2012),UK, Available At:http://www.google.co.uk/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idi m=country:GBR&dl=en&hl=en&q=uk+gdp [Accessed5thJanuary2012] Google WorldBank (2012) USA,Available At: http://www.google.co.uk/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=c ountry:USA&dl=en&hl=en&q=us+gdp [Accessed5thJanuary2012] Google (2012), World BankGDP Germany,Available At: http://www.google.co.uk/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_cd&idim=c ountry:DEU&dl=en&hl=en&q=german+gdp [Accessed6thJanuary2012]
  • 18. Grab Stats (2012), AvailableAt: http://grabstats.com/statcategorymain.asp?StatSubCatID=72&submit=Submit&StatCatID=9 [Accessed19th January2012[ Guardian(2012), AvailableAt:http://www.guardian.co.uk/music/2010/feb/23/rapper-giggs-tour- cancelled [Accessed5thJanuary2012] Guardian(2012), AvailableAt:http://www.guardian.co.uk/business/2010/dec/14/retail-inflation-vat- price-rises[Accessed5thJanuary2012] Guardian(2012), AvailableAt:http://www.guardian.co.uk/music/2012/jan/08/police-accused- discriminating-urban-music?fb=native&CMP=FBCNETTXT9038[Accessed9thJanuary2012] Guardian(2012), AvailableAt:http://www.guardian.co.uk/business/2012/jan/10/recession-not- foregone-conclusion-british-chambers-commerce [Accessed10thJanuary2012] Guardian(2012), AvailableAt:http://www.guardian.co.uk/business/2011/sep/09/hmv-chief- supermarket-domination-sales[Accessed12thJanuary2012] Guardian(2012), AvailableAt:http://www.guardian.co.uk/music/2011/may/15/live-concerts- audiences-stay-home[Accessed12thJanuary2012] Guardian(2012), AvailableAt:http://www.guardian.co.uk/technology/2012/jan/16/sopa-shelved- obama-piracy-legislation[Accessed17thJanuary2012] Guardian(2012), AvailableAt:http://www.guardian.co.uk/world/2011/mar/17/new-europe- germany-retirement-pensions-exports[Accessed18thJanuary2012] Hyperbot(2012), Available At:http://www.hypebot.com/hypebot/2012/01/spotify-us-users-say- goodbye-to-free-music.html [Accessed9thJanuary2012] Independent(2012) Available At:http://www.independent.co.uk/news/uk/crime/bt-ordered-to- block-piracy-site-2327431.html [Accessed5thJanuary2012] MarketingCharts (2012)http://www.marketingcharts.com/direct/older-music-acts-drive-us-touring- revenue-15886/ [Accessed12thJanuary2012] MusikIndustrie (2012), Available At:http://www.musikindustrie.de/aktuell_einzel/back/84/news/trendreport-2011-deutscher- musikmarkt-stabilisiert-sich/ [Accessed18thJanuary2012] Music IndustryBlog(2012), Available At:http://musicindustryblog.wordpress.com/2012/01/11/is- the-music-industry-going-the-way-of-the-newspaper-industry/ [Accessed12thJanuary2012] Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=862[Accessed5th January2012] Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=4353[Accessed9th January2012]
  • 19. Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=4351[Accessed9th January2012] Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=4327[Accessed9th January2012] Music Law Updates(2012), DEA 3 StrikesDelayedTill 2013 Available At: http://www.musiclawupdates.com/?p=452[Accessed9thJanuary2012] Music Law Updates(2012), AvailableAt:http://www.musiclawupdates.com/?p=20[Accessed9th January2012] Music Week(2012), Available At:http://www.musicweek.com/story.asp?sectioncode=1&storycode=1047914 [Accessed9th January2012] Music Week(2012), Available At:http://www.musicweek.com/story.asp?storycode=1044794 [Accessed12thJanuary 2012] Music Week(2012), Available At:http://www.musicweek.com/story.asp?sectioncode=1&storycode=1047581 [Accessed12th January2012] NME (2012), Available At:http://www.nme.com/blog/index.php?blog=10&title=why_british_indie_bands_still_can_t_brea &more=1&c=1&tb=1&pb=1 [Accessed12th January2012] Pandora(2012), AvailableAt:http://www.pandora.com/restricted [Accessed12thJanuary2012] ParliamentUK(2012), Available At:http://www.parliament.uk/business/publications/research/key- issues-for-the-new-parliament/value-for-money-in-public-services/the-ageing-population/ [Accessed11thJanuary 2012] RIAA (2012), Available At:http://www.riaa.com/toolsforparents.php?content_selector=parental_advisory [Accessed5th January2012] RIAA (2012) AboutUs, Available At:http://www.riaa.com/aboutus.php?content_selector=about- who-we-are-riaa[Accessed5thJanuary2012] STV (2012), Available At:http://entertainment.stv.tv/music/228552-brit-awards-2011-justin-bieber- wins-international-breakthrough-act/[Accessed11thJanuary2012] Telegraph(2012) AvailableAt:http://www.telegraph.co.uk/finance/financialcrisis/8948032/EU- treaty-David-Cameron-cant-safeguard-the-City-by-floating-off-into-the-Atlantic-warns-Lord- Heseltine.html [Accessed 4thJanuary 2012] Telegraph(2012), AvailableAt:http://www.telegraph.co.uk/finance/economics/8385489/Wages-fail- to-keep-track-with-inflation.html5thJanuary
  • 20. Telegraph(2012), Available At:http://www.telegraph.co.uk/culture/glastonbury/8069257/Glastonbury-2012-cancelled-due-to- lack-of-portaloos-and-police.html[Accessed19thJanuary2012] The NextWeb(2012), AvailableAt:http://thenextweb.com/media/2010/12/17/apple-dominates-us- digital-music-market-with-66-2-share/ [Accessed12thJanuary2012] Total Politics(2012) Available At:http://www.totalpolitics.com/articles/277707/a-sound- investment.thtml [Accessed 4thJanuary 2012] TradingEconomics(2012) UnitedStatesInterestRates,Available At:http://www.tradingeconomics.com/united-states/interest-rate [Accessed5thJanuary2012] TradingEconomics(2012), UnitedStatesInflation,AvailableAt: http://www.tradingeconomics.com/united-states/inflation-cpi[Accessed5thJanuary2012] TradingEconomics(2012) German UnemploymentRate,Available At:http://www.tradingeconomics.com/germany/unemployment-rate[Accessed6thJanuary2012] TradingEconomics(2012), GermanInterestRate,Available At:http://www.tradingeconomics.com/germany/interest-rate [Accessed6thJanuary2012] TradingEconomics(2012), GermanInflationRate,Available At:http://www.tradingeconomics.com/germany/inflation-cpi[Accessed6thJanuary2012] UK BusinessGrants(2012), Available At:http://www.ukbusinessgrants.org/?domain=wwi.ukbusinessgrants.org&gclid=CLKnw6_7t6gCFQE Y4Qode22zAw [Accessed5thJanuary2012] UK Music (2012), AboutUs, AvailableAt:http://www.ukmusic.org/about-us[Accessed5thJanuary 2012] US Chamber(2012) Available At:http://www.uschamber.com/issues/priorities/intellectual-property- ip[Accessed4thJanuary 2012] Reports: IFPI RIAJYearbook2011, AvailableAt:http://www.riaj.or.jp/e/issue/pdf/RIAJ2011E.pdf [Accessed 4th January 2012] IFPILetsPlay,Available At: http://www.ifpi.org/content/library/RIAA_Brochure_Final.pdf [Accessed 19th January2012] IFPIDigital MusicReport2011 AvailableAt:http://www.ifpi.org/content/library/DMR2011.pdf [Accessed4thJanuary2012] Books:
  • 21. Hardy, P (2011). Dire Straits:A territorial surveyof the MusicBusiness. theviewfromtheboundary.com:theviewfromtheboundary. Appendix:
  • 23. (Riaj Yearbok2011) 2: Policy Priorities for 2011 Strengthen the protection and enforcement of IP rights in the United States and abroad.  Shut down the top illegal websites globallythat are willfully selling counterfeitgoods and facilitating digital theft, beginning with the passage oflegislation similar to S. 3804–Combating Online Infringementand CounterfeitAct.  Reduce the sale ofcounterfeit goods and the piracy of copyrighted works online through an appropriate combination ofimproved tools and enforcementefforts,both domesticallyand internationally,and through engagementwith online strategic partners.  Ensure that the Intellectual Property EnforcementCoordinator has sufficientstaff,budget, and authority to fulfill the obligations and achieve the goals outlined in the PRO-IP Act and the National IP Strategy.  Secure enactmentof Customs and Border Protection (CBP) reauthorization legislation with strong IP enforcementprovisions.  Secure continued funding for dedicated resources to strengthen IP enforcementat Justice,the FBI, and the Intellectual Property Rights Center.  Secure enactmentof legislation to postIP attaché at key U.S. embassies abroad to monitor priority countries and assistU.S.businesses with protecting their IP rights in those countries.  Improve Special 301 enforcementby enhancing the tools available to the administration to engage more effectively with countries that fail to respectand enforce the rights of American innovators and/or live up to their international IP obligations.  Secure enactmentof enhanced criminal penalties for illegallystreaming copyrighted content. Promote and defend strong IP protection and enforcement regimes in the United States, key countries, and multilateral fora.  Advance robustIP protection and enforcementprovisions in trade agreements and their implementation, including in negotiations on the Trans-Pacific Partnership Agreement(TPP).  Counter the anti-IP rhetoric and policies ofChina,India,Brazil, and other countries in key capitals, multilateral fora,and the media by building alliances and recruiting new voices,including among developing countries,to promote pro-IP policies.  In China,work to o reduce enterprise software piracy, o reduce piracy and counterfeiting on the Internet, and o enhance regulatorydata protection,patent linkage,and patent term restoration.  In India, work to o refine and continue to implementan advocacy campaign thatuses largelylocal voices to promote innovation, o continue to expand our direct engagementwith the governmentof India at the central and state levels to encourage the adoption of innovation friendly policies,and o highlightthe contrastbetween India’s rhetoric on IP issues in multilateral fora versus commercial reality in Delhi.
  • 24.  Defend trademark rights by opposing plain packaging proposals in key countries and by educating key governments in advance of the negative consequences ofsuch proposals.  Promote the use of only authorized copyrighted works by governmentagencies,contractors,and employees and the adoption of bestpractices and benchmarks to preventinfringementand ensure and measure compliance.  Advocate for Congress to give the U.S. Patent and Trademark Office the ability to fully utilize the fees paid by patent applicants to reduce the backlog of pending applications and shorten pendencytimes. Raise awareness and increase support among key audiences for the value of strong IP rights as drivers of innovation and creativity.  Build alliances to create and deliver pro-IP messages to Congress,the administration,state-level officials and organizations,academics,and other stakeholders as partofa national echo chamber.  Produce rationale,fact-based,and actionable research reports and white papers thatsupportour work plans and messages.  Maximize earned media exposure ofachievements,research,issues,and messages through press conferences,statements,blogs,Facebook,Twitter, videos,and other forms of media to help drive policy and the Chamber’s role as a leader on IP.  Develop a first-class website thatserves as the go-to site for the latestnews,information,and research on IP, innovation,and creativity.  Build relationships with national and international media,including specialized trade and industry publications. Appendix 3: Appendix 4: