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Chapter 2 The 21st Century Business Model

DOI: 10.23912/978-1-906884-20-8-1448

ISBN: 978-1-906884-20-8

Published: April 2011

Component type: chapter

Published in: Key Issues in the Arts and Entertainment Industry

Parent DOI: 10.23912/978-1-906884-20-8-1361

Abstract

In the opening chapter, we saw how relationships between producers and audiences are undergoing a fundamental shift, with audiences becoming increasingly involved in the creative process. In this chapter, we will move on to consider the repercussions of this phenomenon by exploring how traditional business models are evolving in the arts and entertainment industry: popular music and the performing arts.

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Contributors

  • Ben Walmsley, University of Leeds (Author)

For the source title:

  • Ben Walmsley, University of Leeds (Editor)

Cite as

Walmsley, 2011

Walmsley, B. (2011) "Chapter 2 The 21st Century Business Model" In: Walmsley, B. (ed) . Oxford: Goodfellow Publishers http://dx.doi.org/10.23912/978-1-906884-20-8-1448

References

Brecknock,R. (2004) 'Creative capital: creative industries in the creativecity', report prepared for Brecknock Consulting, www.brecknockconsulting.com.au.

Byrnes, W,J. (2009) Management and the Arts, 4th edn, Oxford: Elsevier.

Connolly, M. and Krueger, A.B. (2006) 'Rockonomics: the economics of popular music', Handbook on the Economics of Art and Culture, 1, 667-719.

https://doi.org/10.1016/S1574-0676(06)01020-9

Falk, J.-H. and Sheppard, B. (2006) Thriving in the Knowledge Age: New Business Models for Museums and Other Cultural Institutions, Oxford: Rowman and Littlefield Publishers.

Johnson,G., Scholes, K. and Whittington, R. (2009) Fundamentals of Strategy, Harlow:Financial Times Prentice Hall.

Knell,J. (2005) 'Theart of dying', available from http://www.scribd.com/doc/23974643/Art-of-Dying-John-Knell-2005

Magretta,J. (2002) 'Why business models matter', Harvard Business Review, 80 (5), 86-92.

Penny, D.(2009) 'Imagine anarts sector which works collaboratively to deliver excellence and engage the public', in: Proceedings of the Arts Marketing Association Conference, 21-23 July 2009, London:Arts Marketing Association, pp. 48-53.

Rayport, J.F. and Sviokla,J.J. (1995) 'Exploiting the virtual value chain', Harvard Business Review, 73 (6), 75-85.

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Published in Key Issues in the Arts and Entertainment Industry

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