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406. Revenue sharing at music streaming platforms
Invited abstract in session MB-36: Game Theory, Solutions and Structures II, stream Game Theory, Solutions and Structures.
Monday, 10:30-12:00Room: 32 (building: 306)
Authors (first author is the speaker)
1. | Gustavo Bergantinos
|
Statisitics and O. R., University of Vigo | |
2. | Juan D. Moreno-Ternero
|
Economics, Universidad Pablo de Olavide |
Abstract
We study the problem of sharing the revenues raised from subscriptions to music streaming platforms among content providers. We provide direct, axiomatic and game-theoretical foundations for two focal (and somewhat polar) methods widely used in practice: pro-rata and user-centric. The former rewards artists proportionally to their number of total streams. With the latter, each user's subscription fee is proportionally divided among the artists streamed by that user. We also provide foundations for a family of methods offering a compromise among the previous two, which addresses the rising concern in the music industry to explore new streaming models that better align the interests of artists, fans and streaming services.
Keywords
- Game Theory
- Economic Modeling
- Decision Analysis
Status: accepted
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