<p>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.</p><br><p>For more on Bubble Trouble, including transcripts of the show, visit us online at <a href="http://bubbletroublepodcast.com/" rel="noopener noreferrer" target="_blank">http://bubbletroublepodcast.com</a></p><p>You can learn more about Richard at <a href="https://www.linkedin.com/in/richard-kramer-16306b2/" rel="noopener noreferrer" target="_blank">https://www.linkedin.com/in/richard-kramer-16306b2/</a></p><p>More on Will Page at: <a href="https://pivotaleconomics.com/" rel="noopener noreferrer" target="_blank">https://pivotaleconomics.com</a></p><p>In 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.</p><br><p>00:00 Introduction to Bubble Trouble</p><p>00:35 Part One</p><p>01:10 Exploring the Value of Copyright</p><p>02:23 The Economics of Music Copyright</p><p>07:12 Streaming vs. Cinema: A Shift in Consumption</p><p>17:08 The Vinyl Revival</p><p>19:31 Part Two</p><p>19:31 Global Impact of Music Copyright</p><p>22:32 The Global Impact of Reggaeton</p><p>22:47 Economic Disparities in Music Streaming</p><p>23:25 The Big Mac Index and Media Trade</p><p>24:50 K-Pop's Global Dominance</p><p>26:20 The Role of Government in Music Industry Success</p><p>28:36 Canada's Multicultural Music Scene</p><p>30:06 The Rise of Punjabi-Canadian Artists</p><p>33:12 The Future of Music Copyright and Streaming</p><p>37:41 Direct Artist-to-Fan Relationships</p><p>40:50 Emerging Markets and the Future of Copyright</p><p>41:51 Conclusion and Future Episodes</p><p><br></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>
