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Investigation of the value chain for creative products : a phenomenological study of the perceptions of music intermediaries

Moloney, Belinda 2005, Investigation of the value chain for creative products : a phenomenological study of the perceptions of music intermediaries, in ACIS 2005 : Social IT : Thinking About the People Proceedings, Australasian Chapter of the Association for Information Systems, Sydney, N.S.W..

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Title Investigation of the value chain for creative products : a phenomenological study of the perceptions of music intermediaries
Author(s) Moloney, Belinda
Conference name Australasian Conference on Information Systems (16th : 2005 : Sydney, N.S.W.)
Conference location Sydney, N.S.W.
Conference dates 30 Nov.-2 Dec. 2005
Title of proceedings ACIS 2005 : Social IT : Thinking About the People Proceedings
Editor(s) Campbell, Bruce
Underwood, Jim
Bunker, Deborah
Publication date 2005
Conference series Australasian Conference on Information Systems
Publisher Australasian Chapter of the Association for Information Systems
Place of publication Sydney, N.S.W.
Keyword(s) Phenomenology
Value-Adding
Supply Chain
Perception of Value
Music Industry
Summary During the past decade, innovative digital technology and Internet marketplaces have created a variety of 'phenomena' of businesses, media and institutions considered to be important interaction channels in the music industry, along with an influx of Peer-to-Peer services such as Napster, and Kazaa shifting the business models of major music labels and distributors. Considering the Australian Music Association reported an annual retail turnover of approximately $300 million in 1992 and later in 1999, an increase in figures reported at $396.8 million with the inclusion of music DVD sales, the notion of value-adding to a music product emerges as a profitable venture at each length of the music industry's value chain. In spite of this, Australian studies have often overlooked the underlying perceptions, fears and ideas of those working within the value chain, especially regarding the impact of new technology on their roles. This paper identifies the perceptions of various intermediaries within the Australian Music Industry, identifying common themes and viewpoints amongst the study's participants. Consequently, the paper concluded that the perception of value in the music industry is somewhat influenced by a variety of factors, including music knowledge, communication and dependence on intermediaries to name a few. Common themes were revealed throughout the study include the perception of competitive advantage, new opportunities from new technology and the notion of defining a gimmick versus Value-Adding emerged as indicative of adding value from the study participants.
ISBN 097584170X
Language eng
Field of Research 080699 Information Systems not elsewhere classified
Socio Economic Objective 899999 Information and Communication Services not elsewhere classified
HERDC Research category E1 Full written paper - refereed
Copyright notice ©2005, Australasian Chapter of the Association for Information Systems
Persistent URL http://hdl.handle.net/10536/DRO/DU:30005806

Document type: Conference Paper
Collection: School of Information and Business Analytics
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