Creative Industries: Contracts between Art and Commerce / Edition 1

Creative Industries: Contracts between Art and Commerce / Edition 1

by Richard E. Caves
     
 

This book explores the organization of creative industries, including the visual and performing arts, movies, theater, sound recordings, and book publishing. In each, artistic inputs are combined with other, "humdrum" inputs. But the deals that bring these inputs together are inherently problematic: artists have strong views; the muse whispers erratically; and… See more details below

Overview

This book explores the organization of creative industries, including the visual and performing arts, movies, theater, sound recordings, and book publishing. In each, artistic inputs are combined with other, "humdrum" inputs. But the deals that bring these inputs together are inherently problematic: artists have strong views; the muse whispers erratically; and consumer approval remains highly uncertain until all costs have been incurred. To explain the logic of these arrangements, the author draws on the analytical resources of industrial economics and the theory of contracts.

Product Details

ISBN-13:
9780674008083
Publisher:
Harvard University Press
Publication date:
04/28/2002
Edition description:
New Edition
Pages:
464
Sales rank:
714,970
Product dimensions:
6.10(w) x 9.20(h) x 1.30(d)

Meet the Author

Table of Contents

Preface

Introduction: Economic Properties of Creative Activities

Part I: Supplying Simple Creative Goods

1. Artists as Apprentices

2. Artists, Dealers, and Deals

3. Artist and Gatekeeper: Trade Books, Popular Records, and Classical Music

4. Artists, Starving and Well-Fed

Part II: Supplying Complex Creative Goods

5. The Hollywood Studios Disintegrate

6. Contracts for Creative Products: Films and Plays

7. Guilds, Unions, and Faulty Contracts

8. The Nurture of Ten-Ton Turkeys

9. Creative Products Go to Market: Books and Records

10. Creative Products Go to Market: Films

Part III: Demand for Creative Goods

11. Buffs, Buzz, and Educated Tastes

12. Consumers, Critics, and Certifiers

13. Innovation, Fads, and Fashions

Part IV: Cost Conundrums

14. Covering High Fixed Costs

15. Donor-Supported Nonprofit Organizations in the Performing Arts

16. Cost Disease and Its Analgesics

Part V: The Test of Time

17. Durable Creative Goods: Rents Pursued through Time and Space

18. Payola

19. Organizing to Collect Rents: Music Copyrights

20. Entertainment Conglomerates and the Quest for Rents

21. Filtering and Storing Durable Creative Goods: Visual Arts

22. New versus Old Art: Boulez Meets Beethoven

Epilogue

Notes

Index

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