Firm profitability during the servitization process in the music industry

Research output: Contribution to journalArticlepeer-review

Authors

Colleges, School and Institutes

External organisations

  • University of the West of England
  • University of Granada

Abstract

The music industry, as other creative industries, has suffered a dramatic decrease in performance due to the digital disruption. While in the previous literature revenues are viewed as a proxy for performance, this paper uses profits, confirming the link between the fall in industry revenues and firm profits. Profits have decreased more for local firms than multinationals, indicating that the large firms adapt better to technological and economic disruptions.

Details

Original languageEnglish
Pages (from-to)317-328
Number of pages12
JournalStrategic Change
Volume23
Issue number5-6
Publication statusPublished - 19 Aug 2014