The authors thank GfK Entertainment for providing access to the data, and the authors acknowledge support by the state of Baden-Württemberg for providing computational resources through bwHPC. The authors are grateful for helpful comments from Stephan Seiler, Eitan Muller, and participants of the research seminar series at Tel Aviv University (Coller School of Management), IDC Herzliya (Arison School of Business), Vienna University of Economics and Business (Marketing Department), Ludwig-Maximilians-Universität Munich School of Management, and University of New South Wales Sydney, as well as conference participants at the Informs Marketing Science Conference, European Marketing Academy Conference, and the Economics of the Music Industry Conference. N. Wlömert and D. Papies contributed equally to this work. One author is member of the supervisory board of a German news publishing group unrelated to this research project. Beyond that, all authors certify that they have no affiliations with or involvement in any organization or entity with any financial or non-financial interest in the subject matter or materials discussed in this manuscript. The authors have no financial funding to report for this project. A music label that wishes to remain anonymous provided support in accessing the data used in this study and provided computational resources at the start of this project. Two authors have received funding for joint research activities from music labels for projects unrelated to this research project.
