Changes in the music industry and the role of collective management societies

• Autor: Mendoza Woodman, Jorge
• Formato: artículo
• Fecha de Publicación: 2018
• Institución: Pontificia Universidad Católica del Perú
• Repositorio: Revistas - Pontificia Universidad Católica del Perú
• Lenguaje: español
• OAI Identifier: oai:revistaspuc:article/20284
• Enlace del recurso: http://revistas.pucp.edu.pe/index.php/360gestion/article/view/20284
• Nivel de acceso: acceso abierto
• Materia: music industry; collecting societies; agency theory; stewardship theory; copyright; cultural management; Industria musical; sociedades de gestión colectiva; teoría de agencia; teoría del stewardship; derechos de autor; gestión cultural

This article explores and analyzes the role of Performing Rights Organizations withinthe paradigm shifts that have occurred in recent years, both globally and locally, in the music industry. We used the agency theory as a theoretical framework to explain the continuous demands and requests for regulatory changes that have been made against this organizations, and explored the technological advances as an alternative to increase the monitoring capacity of the principals (members of collecting societies) on the behavior of the agents (its managers), and finally presenting potential management mechanisms based on the theory of Stewardship for the shared achievement of corporate goals.