Location of Repository

Event Modelling for Policymakers & Valuation Analysts In Disruptive Innovation Markets

By Alex Burns

Abstract

Using a 'paired' study, this paper examines why the musicians Radiohead and Nine Inch Nails pursued digital download strategies for their albums In Rainbows (2007) and The Slip (2008). Three explanations at the time (Web 2.0, Chris Anderson's Freeconomics, Scott Anthony's Disruptive Innovation Theory) are evaluated. The paper sketches Disruptive Innovation Markets as a conceptual framework and Disruptive Information Revelation as a process of inductive logic for analysts. The 'paired' study finds other variables not discussed: career arcs, major label contracts, musician control over marketing and risk management, and digital media as a new option during negotiations for new recording deals. Significantly, the three earlier explanations overlooked the musicians' negative experiences after Terra Firma Capital Partners and Vivendi SA acquired their major labels EMI and UMG. Further research opportunities and implications for journalists, policymakers and valuation analysts are discussed

Topics: 410000 The Arts, 340000 Economics, 360000 Policy and Political Science, 220000 Social Sciences, Humanities and Arts-General, 400000 Journalism, Librarianship and Curatorial Studies, disruptive innovation, event modelling, information revelation, mergers & acquisitions, M&A, Radiohead, Nine Inch Nails, Web 2.0, Freeconomics, Chris Anderson, Scott Anthony
Publisher: Network Insight Pty Ltd
Year: 2008
OAI identifier: oai:eprints.vu.edu.au:1948
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://vuir.vu.edu.au/1948/1/D... (external link)
  • http://networkinsight.org/verv... (external link)
  • http://vuir.vu.edu.au/1948/ (external link)
  • Suggested articles

    Preview

    Citations

    1. (2004). Achieving Post-Merger Success: A Stakeholder’s Guide to Cultural Due Diligence, Assessment and Integration. Jossey-Bass,
    2. (2005). Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant.
    3. (2007). Commentary on In Radiohead Price Plan Some See Movement.’ Disinformation®
    4. (1987). Crafting Strategy.’ Harvard Business Review
    5. (2008). Disruptive Class: How Disruptive Innovation Will Change the Way the World Learns.
    6. (2003). Due Diligence: The Critical Stage in Acquisitions and Mergers. Gower Publishing Ltd., Aldershot, Hants [United Kingdom],
    7. (2007). Eating the Big Fish: How Challenger Brands Compete Against Brand Leaders.
    8. (2004). Event History Modelling: A Guide for Social Scientists.
    9. (2005). Fischer Black and the Revolutionary Idea of Finance.
    10. (2005). Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets.
    11. (1997). Games Businesses Play: Cases and Models.
    12. (2006). Images of Organization
    13. (2002). Implementation Stage.’ In Schmidt, Jeffrey A (Ed). Making Mergers Work: The Strategic Importance of People. Towers Perrin/SHRM Foundation,
    14. (1991). Learning in the Thick of It.’ Harvard Business Review (July–August 2005), http://www.fireleadership.gov/documents/Learning_AAR.pdf Dixit, Avinash
    15. (2005). Legal Aspects of the Music Industry: An Insider’s View of the Legal and Practical Aspects of the Music Business.
    16. (2008). Live Nation’s Leaders Battle Over Strategy.’ The Wall Street
    17. (2002). Making Mergers Work: The Strategic Importance of People. Towers Perrin/SHRM Foundation,
    18. (2007). Montier, James. Behavioural Investing: A Practitioner’s Guide to Applying Behavioural Finance.
    19. (2008). NIN Dazzles With Lasers, LEDs and
    20. (1995). No Silver Bullet: Essence and Accidents of Software Engineering.’
    21. (2008). Nudge: Improving Decisions About Health, Wealth and Happiness.
    22. (1999). Only the Paranoid Survive
    23. (2002). Reinventing the Bazaar: A Natural History of Markets.
    24. (2008). Reznor vs.
    25. (2008). Reznor: Radiohead offering was insincere, industry is inept.’
    26. (2005). Rip It Up and Start Again: Postpunk 1978–1984.
    27. (2006). Risk Quantification: Management, Diagnosis and Hedging.
    28. (2004). Seeing What’s Next: Using The Theories Of Innovation To Predict Industry Change.
    29. (2008). Strategic Risk Taking: A Framework for Management. Wharton School Publishing, Upper Saddle River NJ,
    30. (2008). Suicide note from the music industry.’
    31. (1988). Surviving Mergers & Acquisitions.
    32. (2002). Techniques of Event History Modelling: New Approaches to Causal Analysis (2 nd ed.). Lawrence Erlbaum Associates,
    33. (2002). The Due Diligence Stage.’ In Schmidt, Jeffrey A (Ed). Making Mergers Work: The Strategic Importance of People. Towers Perrin/SHRM Foundation,
    34. (2005). The Future of the Music Business: How to Succeed with the New Digital Technologies. Backbeat,
    35. (2008). The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives. Basic Books,
    36. (2003). The Innovator’s Solution: Creating and Sustaining Successful Growth.
    37. (1970). The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism.’
    38. (2005). The Mind and Heart of the Negotiator (3 rd ed.). Pearson/Prentice Hall, Upper Saddle River NJ,
    39. (2006). The Origin of Wealth: Evolution, Complexity and the Radical Remaking of Economics. Random House,
    40. (1993). The Problem With Music.’ The Baffler,
    41. (2004). The Way The Music Died.’ WGBH Television,

    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.