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Digital transformation, blockchain, and the music industry: A review from the perspective of performers’ collective management organizations

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dc.contributor.authorArenal, Alberto
dc.contributor.authorArmuña, Cristina
dc.contributor.authorRamos Villaverde, Sergio
dc.contributor.authorFeijoo, Claudio
dc.contributor.authorAguado, Juan Miguel
dc.date.accessioned2025-01-10T09:14:45Z
dc.date.available2025-01-10T09:14:45Z
dc.date.issued2024-09
dc.descriptionLa versión registrada de este artículo, publicado por primera vez en Telecommunications Policy, Volume 48, Issue 8, 2024, 102817, ISSN 0308-5961, está disponible en línea en el sitio web del editor: https://doi.org/10.1016/j.telpol.2024.102817 The copyrighted version of this article, first published in Telecommunications Policy, Volume 48, Issue 8, 2024, 102817, ISSN 0308-5961, is available online on the publisher's website: https://doi.org/10.1016/j.telpol.2024.102817
dc.description.abstractThis study examines the challenges related to the music industry's digital transformation and potential role of blockchain from the perspective of collective management organizations (CMOs). Building on desk research and primary data from semi-structured surveys conducted with C-level executives and managers, this empirical analysis identifies major projects, their state of development, and prospects for digital transformation based on blockchain in the music industry. The findings reveal that there are a limited number of blockchain projects led by and/or with the relevant participation of CMOs. However, most are just research projects, proofs of concept, or pilots, showing that blockchain is currently in an experimental phase of development on the periphery of the music industry's digital transformation. This is not very different from analysts' understanding of the current situation and perspectives on the mass adoption of blockchain in other industries. In summary, blockchain is neither at the core of the music industry's digital transformation nor a priority for CMOs leading this process from the perspective of intellectual property rights management. The limited quality of music metadata, sparsity of sound data sources, and absence of a common data governance framework among different stakeholders within the industry are the main impediments to transforming blockchain into a global solution with transformative potential. Overall, the results provide a snapshot of the current status and possible future trajectories of blockchain adoption as a paradigm for intellectual property rights exchange within the music industry.en
dc.description.versionversión publicada
dc.identifier.citationAlberto Arenal, Cristina Armuna, Sergio Ramos, Claudio Feijoo, Juan Miguel Aguado, Digital transformation, blockchain, and the music industry: A review from the perspective of performers’ collective management organizations, Telecommunications Policy, Volume 48, Issue 8, 2024, 102817, ISSN 0308-5961, https://doi.org/10.1016/j.telpol.2024.102817.
dc.identifier.doihttps://doi.org/10.1016/j.telpol.2024.102817
dc.identifier.issn0308-5961
dc.identifier.urihttps://hdl.handle.net/20.500.14468/25169
dc.journal.issue8
dc.journal.titleTelecommunications Policy
dc.journal.volume48
dc.language.isoen
dc.publisherElsevier
dc.relation.centerFacultad de Ciencias Económicas y Empresariales
dc.relation.departmentEconomía Aplicada e Historia Económica
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.es
dc.subject53 Ciencias Económicas
dc.subject.keywordsDigital music ecosystemen
dc.subject.keywordsdigital transformationen
dc.subject.keywordsblockchainen
dc.subject.keywordscollective management organizationen
dc.subject.keywordscmoen
dc.subject.keywordsmusic industryen
dc.subject.keywordsmusic metadataen
dc.subject.keywordsmusic performersen
dc.subject.keywordscopyrighten
dc.subject.keywordsmusic royaltiesen
dc.titleDigital transformation, blockchain, and the music industry: A review from the perspective of performers’ collective management organizationsen
dc.typeartículoes
dc.typejournal articleen
dspace.entity.typePublication
person.familyNameRamos Villaverde
person.givenNameSergio
person.identifier.orcid0000-0001-5771-116X
relation.isAuthorOfPublication6b52a943-952e-4026-99ba-75fa6c333a0f
relation.isAuthorOfPublication.latestForDiscovery6b52a943-952e-4026-99ba-75fa6c333a0f
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