Streaming Reaches Flood Stage: Does Spotify Stimulate or Depress Music Sales?

Luis Aguiar, Joel Waldfogel

NBER Working Paper No. 21653
Issued in October 2015

---- Acknowledgments ----

Thanks to seminar participants at IPTS, the SEEK Digital Economy Workshop at the Collegio Carlo Alberto in Turin, and Zurich/ETH. Joel Waldfogel has served as a consultant to Pandora. The views expressed in the paper are those of the authors' and should not in any circumstances be regarded as stating an official position of the European Commission, the EC Joint Research Center, the IPTS, or the National Bureau of Economic Research.

---- Disclosure of Financial Relationships for Joel Waldfogel ----

Joel Waldfogel has served as a consultant to Pandora.

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