Problem Design Statement#11
Open
yk2684 wants to merge 15 commits intofeature-engineering-studio:masterfrom
yk2684:master
Open
Problem Design Statement#11yk2684 wants to merge 15 commits intofeature-engineering-studio:masterfrom yk2684:master
yk2684 wants to merge 15 commits intofeature-engineering-studio:masterfrom
yk2684:master
Conversation
| I would like to change my problem design statement entirely. | ||
| Aside from the theatre, I am passionate about music and technology. Particularly, I am a big fan of music streaming. I genuinely believe that music streaming is the future of the industry, and it has made music more accessible to people. However, there are many critics who believe that music streaming is hurting the industry, and that music streaming services do not pay artists enough money. | ||
|
|
||
| I want to better understand the impact of music streaming services on the music industry based on revenues and identify which category of artists benefit from or are hurt by streaming services. In completing this goal, I hope to clarify the misconceptions surrounding music streaming services, and if necessary, inform better royalty pool structures. For this project, I plan to collect data on revenues earned in the music industry in the US by format (CD sales, concert ticket sales, vinyl sales, etc.) over 40+ years. Then, I will categorize artists based on their popularity by looking at social media likes/follows, and will collect data on their estimated revenues based on the existing royalty pool structures established by streaming services. Because my main goal is to demistify the impact music streaming services have on the music industry, my priority will lie in collecting data on revenues earned in the music industry. |
Contributor
There was a problem hiding this comment.
This project will hinge on whether you can get royalty info for individual artists (Or maybe the proportion of revenue an artists makes over time) and can find a trend. Is this kind of revenue data available?
Author
There was a problem hiding this comment.
Because the royalty pool structures are made available to the public (at least Spotify does), I was thinking of basically plugging in numbers to find royalty information for individual artists. However, I am not sure if I can find data on the proportion of revenue an artist makes over time. I am, however, currently interning at Spotify, so I can do some digging into being able to get artist data over time.
This file contains hidden or bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Sign up for free
to join this conversation on GitHub.
Already have an account?
Sign in to comment
2 participants
Add this suggestion to a batch that can be applied as a single commit.This suggestion is invalid because no changes were made to the code.Suggestions cannot be applied while the pull request is closed.Suggestions cannot be applied while viewing a subset of changes.Only one suggestion per line can be applied in a batch.Add this suggestion to a batch that can be applied as a single commit.Applying suggestions on deleted lines is not supported.You must change the existing code in this line in order to create a valid suggestion.Outdated suggestions cannot be applied.This suggestion has been applied or marked resolved.Suggestions cannot be applied from pending reviews.Suggestions cannot be applied on multi-line comments.Suggestions cannot be applied while the pull request is queued to merge.Suggestion cannot be applied right now. Please check back later.
No description provided.