02605cam a2200265 a 4500 11873071 20260309093626.0 991220s2000 mau b 001 0 eng 99086569 0674001648 cloth : alk. paper 9780674001640 (cloth : alk. paper) 11873071 DLC DLC DLC English n-us--- NX705.5.U6 C38 2000 Caves, Richard E. 26847 Creative industries : contracts between art and commerce / Richard E. Caves. Cambridge, Mass. ; London : Harvard University Press, 2000. ix, 454 p. ; 25 cm. Includes bibliographical references (p. 371-447) and index. This book explores the organization of creative industries, including the visual and performing arts, movies, theater, sound recordings, and book publishing. In each, artistic inputs are combined with other, "humdrum" inputs. But the deals that bring these inputs together are inherently problematic: artists have strong views; the muse whispers erratically; and consumer approval remains highly uncertain until all costs have been incurred. To assemble, distribute, and store creative products, business firms are organized, some employing creative personnel on long-term contracts, others dealing with them as outside contractors; agents emerge as intermediaries, negotiating contracts and matching creative talents with employers. Firms in creative industries are either small-scale pickers that concentrate on the selection and development of new creative talents or large-scale promoters that undertake the packaging and widespread distribution of established creative goods. In some activities, such as the performing arts, creative ventures facing high fixed costs turn to nonprofit firms. To explain the logic of these arrangements, the author draws on the analytical resources of industrial economics and the theory of contracts. He addresses the winner-take-all character of many creative activities that brings wealth and renown to some artists while dooming others to frustration; why the "option" form of contract is so prevalent; and why even savvy producers get sucked into making "ten-ton turkeys," such as Heaven's Gate. However different their superficial organization and aesthetic properties, whether high or low in cultural ranking, creative industries share the same underlying organizational logic. Arts - Economic aspects - United States- History 20th century. 26848 lcc 0 0 lcc 0 0 TBS TBS 2026-03-09 0 2026-03-09 1 2026-03-09 1 SOON AVAILABLE 5399 5399