JOURNAL OF MEDIA ECONOMICS最新文献

{"title":"Overlooked history in the Age of Surveillance Capitalism","authors":"N. Packard","doi":"10.1080/08997764.2020.1777556","DOIUrl":"https://doi.org/10.1080/08997764.2020.1777556","url":null,"abstract":"In a Democracy Now interview about her book, The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power (2019), Harvard Business School and Charles Edward Wilson ...","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"31 1","pages":"68 - 74"},"PeriodicalIF":0.3,"publicationDate":"2018-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2020.1777556","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44571199","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Agenda 2020: Research Opportunities with Managerial and Economic Impact","authors":"Michel Clement, Jan U. Becker","doi":"10.1080/08997764.2018.1766242","DOIUrl":"https://doi.org/10.1080/08997764.2018.1766242","url":null,"abstract":"The Journal of Media Economics is a leading journal for the media discipline. It publishes relevant insights from rigorous original research on the economics and policy of mediated communication, f...","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"31 1","pages":"1 - 5"},"PeriodicalIF":0.3,"publicationDate":"2018-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2018.1766242","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44385380","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"A comparative study: Performance of Hollywood and Korean sequel films in Korea","authors":"Dam Hee Kim, Seongcheol Kim","doi":"10.1080/08997764.2020.1756306","DOIUrl":"https://doi.org/10.1080/08997764.2020.1756306","url":null,"abstract":"ABSTRACT The film business is notoriously high risk. This paper investigates what types of films are successful by analyzing 1,539 films released between 2004 and 2009 in South Korea, whose consumption rate of domestic films is exceptionally high. Drawing from the literature on brand extension and country of origin, this paper demonstrates that sequels attract more box office audiences than non-sequels while Korean domestic films attract more audiences at the box office than Hollywood films.","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"31 1","pages":"36 - 49"},"PeriodicalIF":0.3,"publicationDate":"2018-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2020.1756306","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44335569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"IDEA FORUM: the impact of subscription-based video on demand on traditional distributors’ value chains and business models","authors":"Michel Clement, Cord Otten, Rouven Seifert, Ole Kleinen, M. Houston, Ekaterina V. Karniouchina, Christoph Heller","doi":"10.1080/08997764.2020.1796687","DOIUrl":"https://doi.org/10.1080/08997764.2020.1796687","url":null,"abstract":"ABSTRACT This paper introduces the new Idea Forum at the Journal of Media Economics and provides an overview of the challenges in the movie industry caused by the market entry of subscription-based video on demand (SVOD) providers such as Netflix and Amazon (Prime). Specifically, we focus on the fundamental shift in traditional distributors’ value chains and business models that are threatened by the market entry of global SVOD services. We focus on the need for distributors of filmed entertainment to reinvent their operations in order to stay relevant by leveraging their unique, hard-to-imitate resources. Following the Resource Based View (RBV) of the firm framework, we identify four key sources of competitive advantage associated with traditional distributors, namely their ability to (1) accurately assess product quality and forecast performance, (2) exploit B2C markets through sequential distribution system that combines both physical and digital distribution channels, (3) strategically use their push power, and (4) effectively monetize content via elaborate relationship networks with both production studios and exhibitors. We use competitive market analysis to explain how the distributors’ current competitive environment affects these four resources in response to SVOD. Related to each of the four key resources, we discuss key managerial opportunities for distributors aiming to regain and sustain competitive advantage.","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"31 1","pages":"50 - 67"},"PeriodicalIF":0.3,"publicationDate":"2018-04-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2020.1796687","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41656839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Intrafirm competition and release dates: evidence from the recorded music industry","authors":"Kellie J. Konsor","doi":"10.1080/08997764.2018.1515768","DOIUrl":"https://doi.org/10.1080/08997764.2018.1515768","url":null,"abstract":"ABSTRACT Major consolidation has occurred in the recorded music industry over the past 20 years, which has led some industry stakeholders to question the power and influence of the major remaining firms. I test whether there is evidence that subsidiaries of the large parent firms in this industry act as a cohesive unit or if they focus on maximizing their own profit without taking into consideration the effect they have on sister firms (other firms owned by the same parent). I do so by analyzing how release date timing differs between labels that are owned by the same parent company and those that are not. Using data on release dates, song/artist characteristics, and label ownership for the top-10 Billboard Hot 100 hits from 1990 to 2013, I am able to compare the length of time between releases for songs released by co-owned labels and songs released by separately owned labels. I find that overall, there is not a systematic difference in the release of songs produced by the same major compared to songs produced by different majors. These results suggest that subsidiary labels may in fact be acting independently—not internalizing the effect they have on sister firms.","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"30 1","pages":"215 - 231"},"PeriodicalIF":0.3,"publicationDate":"2017-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2018.1515768","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44148162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Feedback effect of brand extension in cable networks established by parent newspaper brands: applying expectation disconfirmation theory","authors":"S. Baek, Sang-Hyun Nam, Byeng-Hee Chang","doi":"10.1080/08997764.2018.1515766","DOIUrl":"https://doi.org/10.1080/08997764.2018.1515766","url":null,"abstract":"ABSTRACT In the present study, we constructed a new research model to understand the feedback effects of brand extension by applying expectation disconfirmation theory to a real-world case of brand extension among South Korean newspapers. We found that the feedback effect was significant in brand extension efforts between the newspaper and broadcast industries. In addition, the relationships between evaluations of the extension brand and the parent brand were mediated by variables defined by expectation disconfirmation theory, including perceived performance and expectation disconfirmation. We also found that expectation disconfirmation can affect evaluations of the parent brand regardless of the perceived fit. Finally, we verified that expectation disconfirmation differs according to the level of perceived fit.","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"30 1","pages":"173 - 190"},"PeriodicalIF":0.3,"publicationDate":"2017-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2018.1515766","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42504281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The introduction of infinite durability to an information good and the decision to buy or rent: evidence from the film industry","authors":"Gabriel Pablo Axarlian","doi":"10.1080/08997764.2018.1452249","DOIUrl":"https://doi.org/10.1080/08997764.2018.1452249","url":null,"abstract":"ABSTRACT Home entertainment markets have seen dramatic declines in revenues over the last 10 years due to the digital revolution, making new adaptation strategies of crucial importance to maintaining existing profitability. Recently, the film industry has worked with related firms to develop a standardized ecosystem for the sale and access to digital versions of their films. This system, known as UltraViolet, embodies infinite durability; the perpetual access to a purchased film across computing platforms and time. The author makes use of exogenous variation in the implementation of this system to study the effect the introduction of this new feature has had on the decision to buy or rent. His findings show that the inclusion of infinite durability creates enough value to spur increased purchasing behavior. Also, the inclusion of infinite durability creates a high degree of substitutability amongst products that include it in purchase markets. Lastly, the author found evidence that the lack of inclusion of infinite durability will spur consumers to rent rather than buy.","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"30 1","pages":"121 - 142"},"PeriodicalIF":0.3,"publicationDate":"2017-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2018.1452249","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45922269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Influence of quality and exclusivity in two-sided markets, effects of infinite durability on the consumption of information goods, and improving sales forecasting for media products","authors":"H. Martin, Adam D. Rennhoff","doi":"10.1080/08997764.2018.1458452","DOIUrl":"https://doi.org/10.1080/08997764.2018.1458452","url":null,"abstract":"Each article in this this issue provides new insight into demand for media goods. The first revisits network effects in two-sided markets by focusing on the quality and exclusivity of video games. The study finds gamers tend to play just a few widely popular games. Popular games therefore have an outsize influence on the success of video game consoles. The second article examines effects from the introduction of a cloud-based service that give consumers continuous access to movies. The study found sales of movies with cloud-based access increased, and that rentals of movies decreased among some consumers. The third study compares managers’ sales forecasts for movies, books and music with forecasts based on models. The study finds that managers’ forecasts are only superior for a few best-selling media products. Model-based forecasts are better for products with medium and low sales The first article is “Platform Competition in the Video Game Console Industry: Impacts of Software Quality and Exclusivity on Market Share” by Haeyop Song, Jaemin Jung, and Daegon Cho. This study extends the literature on network effects in two-sided markets by focusing on the characteristics of six video game consoles and their associated software. The study examines complimentary products by focusing on how quality and exclusivity influence software and hardware competition in video game markets. The study uses reviews of video game software to measure quality. A panel data set with information about 10 years of sales was assembled for the study. The sample included 2,392 software and console combinations, and 1,396 unique video games. The findings did not support the conventional wisdom that most video game software plays “a critical role in hardware sales, and vice versa”. Instead, a few high-quality games dominate sales because gamers buy an average of just eight games during the life of a game console. A high-quality game that is exclusive to one console can significantly influence the early success of a gaming platform. However, software that works on multiple-platforms is valuable to mature gaming consoles because consumers are interested in “relatively small numbers of attractive products”. The authors discuss the implications of their findings for software and hardware developers. “The Introduction of Infinite Durability to an Information Good and the Decision to Buy or Rent: Evidence from the Film Industry” by Gabriel Pablo Axarlian is based on a natural experiment in the film industry. The experiment occurred when five major film studios introduced a cloud-based system to give consumers continuous access to digital copies of films. A sixth studio, Disney, did not offer customers access to the cloud-based system from 2011 to 2014. Disney’s lack of participation “provided the perfect conditions for a natural experiment to analyze exactly how infinite durability affects consumption patterns of information goods, using films as a proxy”. Consumers purchased acce","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"30 1","pages":"97 - 98"},"PeriodicalIF":0.3,"publicationDate":"2017-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2018.1458452","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47326671","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Sales Forecasting of New Entertainment Media Products","authors":"Christina Hofmann-Stölting, Michel Clement, Steven Y. Wu, S. Albers","doi":"10.1080/08997764.2018.1452746","DOIUrl":"https://doi.org/10.1080/08997764.2018.1452746","url":null,"abstract":"ABSTRACT Managers predict the sales of new entertainment products prior to their release using comparables, such as similar books from the same author or movies with the same actors. In this study, the authors analyze whether diffusion models for media products provide helpful support in the management task of predicting prelaunch sales of the first distribution channel for three different product categories. They compare the performance of predictions based on (a) simple success factor regressions (OLS) and (b) diffusion models against real management predictions. Based on samples covering the German music, film, and the literary market, we show that model-based forecasts outperform the forecasts of management teams for the majority of the products. In contrast, management is superior in forecasting top sellers. This is due to unobserved factors arising from more management attention attached towards super stars. The authors do not find substantial prediction differences between simple success factor regressions and more complex diffusion models. Thus, managers interested in total sales estimates can easily rely on OLS based success factor predictions. Advertising and product differentiation factors with respect to quality (e.g., star power, critics, or country of origin) are across all 3 industries highly relevant for sales predictions, whereas others variables (e.g., price, distribution power, season, or competition) differ across industries.","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"30 1","pages":"143 - 171"},"PeriodicalIF":0.3,"publicationDate":"2017-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2018.1452746","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47409168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Platform Competition in the Video Game Console Industry: Impacts of Software Quality and Exclusivity on Market Share","authors":"H. Song, Jaemin Jung, D. Cho","doi":"10.1080/08997764.2018.1449750","DOIUrl":"https://doi.org/10.1080/08997764.2018.1449750","url":null,"abstract":"ABSTRACT This study examines impacts of the complementary products on platform competition, in the context of video game consoles. Using 10-year panel data, the results demonstrate that high-quality software has a disproportionately significant effect on hardware demand. The high-quality exclusive software is an important factor affecting consumers’ utility, and it tends to be developed in hardware manufacturers’ vertically integrated subsidiaries. In addition, this study also identifies that high-quality multi-homing software plays a role in platform growth in a platform’s later stage.","PeriodicalId":29945,"journal":{"name":"JOURNAL OF MEDIA ECONOMICS","volume":"30 1","pages":"120 - 99"},"PeriodicalIF":0.3,"publicationDate":"2017-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08997764.2018.1449750","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42481494","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}