Journal of the Music & Entertainment Industry Educators Association | Volume 13, Number 1 (2013) |
Nielsen SoundScan and Billboard chart data for the periods 1993-2003 are utilized to
create a cohort panel dataset comprised of “Heatseekers” artists and groups for
the purpose of studying historical patterns of sophomore album release.
Following Hendricks and Sorensen (2008), the genres used in this study include
Rock, Rap/R&B/Dance, and Country/Blues. The econometric model employed is a
hazard function as described in Cameron and Trivedi (2009) and Wooldridge
(2010). For the panel of acts, the paper documents the following empirical
facts. First, the hazard function indicates that most sophomore albums are
released 45 months after the debut album and if a sophomore release does not
occur within 80 months of the debut album there will most likely be no
sophomore release. Second, the time between album release is a function of past
album sales; all else equal, the larger the hit the less time it takes for the
next album to be released. Third, genre influences the timing of release; all
else constant, the Rap/R&B/Dance genre consistently delayed sophomore
albums relative to the Country/Blues and Rock genres. Fourth, conditional on
successful debut album sales, acts from the Country/Blues and Rap/R&B/Dance
genres release more quickly than acts from the Rock genre.
Keywords: sophomore album release, supply of music, cohort data, incidence rate, hazard function, music industry, recording industry, Billboard, SoundScan
Fowler, Jennifer, Stuart J. Fowler and Rush Hicks. “A Historical Investigation
of Patterns in Sophomore Album Release.” Journal of the Music and Entertainment Industry Educators Association 13, no. 1 (2013): 61-74. https://doi.org/10.25101/13.4