Pricing copyrighted works or assets so that creators are competitively compensated has always been a difficult task given the information good character of such works. Doing it in the digital era is even more challenging. I consider Hertzian radio, satellite radio, and interactive music streaming services and I argue that annual competitive royalties in Hertzian radio should be increased from $100 million to $450 million. I further argue that this gap should not be filled by primary users alone but by a broader set of beneficiaries, including the general public and their government.
Center for Interuniversity Research and Analysis of Organizations
1130 rue Sherbrooke Ouest, suite 1400
Montréal, Québec (Canada) H3A 2M8
© 2018 CIRANO. All rights reserved.