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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



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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  • Ben Walmsley, University of Leeds (Author)

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  • 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


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


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.

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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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