TY - JOUR AU - Frost, Robert L. PY - 2007/08/06 Y2 - 2024/03/28 TI - Rearchitecting the music business: Mitigating music piracy by cutting out the record companies JF - First Monday JA - FM VL - 12 IS - 8 SE - DO - 10.5210/fm.v12i8.1975 UR - https://firstmonday.org/ojs/index.php/fm/article/view/1975 SP - AB - Disintermediation - the process of removing superfluous agents in a transaction chain - has been a major promise of e-commerce. Disintermediation offers the benefits of lowering prices to consumers and a better information-feedback loop between producers and consumers. In this paper, I propose a systematic model of disintermediation in the recorded-music business. Were such a model successful and tied to digital distribution, prices to consumers would fall considerably, artist compensation would rise, online piracy would drop, and the information-feedback loops necessary for signaling consumer tastes back to artists would become far more efficient as information asymmetries were mitigated. Such a model would leverage recommender systems as a way to determine consumer choices beyond the use of simple sales figures. ER -