Skip to main content

Facing the Music: Value-Driven Electronic Markets, Networks and Value Webs in Economic Integration of Digital Products

  • Chapter
Digital Rights Management

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 2770))

Abstract

Overview and Underlying Premise: The underlying premise for this chapter is that a solution for DRM protection and related issues must be found on the business side, i.e. the solution must present itself within a business model, as technical solutions will always be temporary ad infinitum, resulting in endless revisions, upgrades, catch-up efforts, and improvements. There is no question that evolving and future distribution systems for images, music and movies will be digital and the distribution itself will be electronic via networks and e-channels. This contribution explores this setting in terms of economic and organizational underpinnings of electronic markets, networks and channels. We can presently observe the evolution of value networks, value-adding channels, as well as entire value webs in the distribution (and value) chain. A value web is a customer-driven network of independent firms who use information technology to coordinate their value chains to collectively produce a product or service for a market. Finally, we address some of these observations, descriptions and discussions in the context of DRM, specifically the music and movie industry. We will offer some insights, address current developments, but also some speculations how these industries may (and quite possibly must) progress.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Subscribe and save

Springer+ Basic
$34.99 /Month
  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Similar content being viewed by others

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2003 Springer-Verlag Berlin Heidelberg

About this chapter

Cite this chapter

Wigand, R.T. (2003). Facing the Music: Value-Driven Electronic Markets, Networks and Value Webs in Economic Integration of Digital Products. In: Becker, E., Buhse, W., Günnewig, D., Rump, N. (eds) Digital Rights Management. Lecture Notes in Computer Science, vol 2770. Springer, Berlin, Heidelberg. https://doi.org/10.1007/10941270_17

Download citation

  • DOI: https://doi.org/10.1007/10941270_17

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-40465-1

  • Online ISBN: 978-3-540-45038-2

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics