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Business Model Innovation The Case of the Record Industry

Business Model Innovation The Case of the Record Industry. Emilien Moyon, PhD Program Director Global Entertainment & Music Business Associate Professor. What are the most successful music companies/organizations?. #1 challenge Business Model Innovation.

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Business Model Innovation The Case of the Record Industry

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  1. Business Model InnovationThe Case of the Record Industry Emilien Moyon, PhD Program Director Global Entertainment & Music Business AssociateProfessor

  2. What are the most successful music companies/organizations?

  3. #1 challenge Business Model Innovation

  4. What does the academic literature tell us about business model innovation?

  5. What did we learn from the digitalization of the industry?

  6. How did the majors change their business models 1998-2008

  7. Revenue structure • Cost structure Research on Business Model Innovation(Lecocq & Demi, 2006)

  8. Economic concepts Value creation VS. Value capture

  9. Revenue structure • Cost structure 1. Business Model Optimization

  10. Revenue structure • Cost structure 2. Creating value in alternative activity systems

  11. Revenue structure • Cost structure 3. Redefinition of the scope of activities

  12. Revenue structure • Cost structure 4. New BM

  13. 4 Innovation Strategies

  14. Value creation Less risk More innovation Value capture

  15. Dynamic perspective Number of decisions

  16. Interactions with external networks enhance innovation

  17. Value capture vs. Value creation

  18. Are they solutions to the problem?

  19. Business Model InnovationThe Case of the Record Industry Emilien Moyon, PhD Program Director Global Entertainment & Music Business AssociateProfessor

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