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Author: | Cox, R. Felton, J. Chung, C. |
Title: | The concentration of commercial success in popular music: an analysis of the distribution of gold records |
Journal: | Journal of Cultural Economics
1995 : VOL. 19:4, p. 333-340 |
Index terms: | DISTRIBUTION MUSIC SUCCESS |
Language: | eng |
Abstract: | This paper examines whether commercial success in the popular recorded-music industry, as measured by gold-record output, conforms to an empirical concentration. The authors find that Lotka's Law overestimates the number of artists with one gold record and underestimates the number of multiple-gold-record performing artists. However, for all measures of "successful" records, the Generalized Lotka's Law provides an excellent fit, which suggests that the number of performers producing n gold records is about 1/n c of those producing one gold record. |
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