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Firm profitability during the servitization process of the music industry

Autor
Myrthianos, V.; Vendrell, F.; Parry, G.; Bustinza, O.
Tipus d'activitat
Article en revista
Revista
Strategic Change
Data de publicació
2014-08-19
Volum
23
Pàgina inicial
317
Pàgina final
328
DOI
https://doi.org/10.1002/jsc.1979 Obrir en finestra nova
Repositori
http://hdl.handle.net/2117/24853 Obrir en finestra nova
Resum
The music industry, as other creative industries, has suffered 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. Profi ts have decreased more for local fi rms than multinationals, indicating that the large firms adapt better to technological and economic disruptions
Citació
Myrthianos, V. [et al.]. Firm profitability during the servitization process of the music industry. "Strategic Change", 19 Agost 2014, vol. 23, p. 317-328.

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