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The Digital Music Distribution Revolution
Impact of piracy on music production business
Impact of digitalization on the music industry
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Recommended: The Digital Music Distribution Revolution
The rapid evolution of music distribution over the past six decades is no doubt nothing short of a phenomenon; from the vinyl record of the 1950’s and the many forms of cassette tapes introduced in the 60’s and 70’s, to the compact disc of the 80’s and the digital media formats of the present day. It is certain that the advancement of technology in these ways has had a dramatic effect on both the way we listen to our favorite artists and the way we interact with music. Furthermore, the rise in the digital music age has also changed the way we value music, or rather, devalue music. Through the evolution of big box retail stores, internet file-sharing and digital music streaming services, today’s music artist is losing profit from music sales. This not only depraves the artist who is struggling to maintain a professional music career but also the end user.
A tried and true source of income for artists both past and present is the retail sale of music. Before the age of computers, music lovers relied on hard media formats such as vinyl records and compact discs (Cds) to listen to their favorite artists. The only way to enjoy music was to go to the local record store to purchase new albums for your music player or attend a concert when your favorite band was performing a show in town. Record stores were a dime a dozen and were often a local hot spot for music fanatics to gather. Unfortunately, this is not the case today.
With the invention of big box chain stores such as Wal-Mart, Target and Best Buy, local record stores have watched as their golden days have quickly come to an end. Big box stores are able to sell products at much lower prices by aggressively negotiating discounts from distributors, which is felt to be justified bec...
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...g. N.p., n.d. Web. 1 Dec. 2013. .
Siwek, Stephen. "The True Cost of Sound Recording Piracy to the U.S. Economy > IPI Issues > Institute for Policy Innovation." The True Cost of Sound Recording Piracy to the U.S. Economy > IPI Issues > Institute for Policy Innovation. N.p., n.d. Web. 1 Dec. 2013. .
Stamp, Cal. "Kids These Days: Spotify, Radiohead, and the Devaluation of Music." Featured Stories. N.p., n.d. Web. 1 Dec. 2013. .
Taro, Karl. "Meet the Napster." TIME.com. N.p., n.d. Web. 1 Dec. 2013. .
"Vinyl Lives." : Record Store Owners and their Stories: FAQ. N.p., n.d. Web. 1 Dec. 2013. .
Earlier this year (DATE???) alt-rockers Cake topped the Billboard 200 chart with their first album in seven (???) years, Showroom of Compassion. The album sold 44,000 copies the first week of its release, a record low for the number one hit. At the same time, Britney Spears' single “Hold It Against Me” scaled the digital song chart with 411,000 copies sold. The two charts illustrate the change in the way we listen to music. The Internet—as it did for almost everything—has radically affected the way people get music.
The production and consumption of music has become a market of its own that has been growing and getting stronger every single day. Many companies have found their fortune in the music industry and have become part of the globalization by entering the worldwide market and economy.
Pop culture and mainstream media is a world of constant evolution, and throughout the ages music has been a factor in that said evolution. From the Jazz Movement of the 20’s to the Hip-Hop Revolution of the 90’s and everything in between, trends today and the basis of most Pop Culture revolved around what some would call “the sound of the decade”. Electronic Music has significantly changed the course of mainstream culture, had a remarkable rise in finance and business, all while making it today’s biggest music movement since the decade of Hip-Hop.
In the past, singers made money through CDs and cassettes. These forms of media have been replaced with digital copies of albums and songs. Even this method of accessing music has begun to fade away with the replacement of streaming services such as Spotify, Apple Music, or Soundcloud. Artists’ music has also been used in advertisements. This can negatively affect the artist’s career. Music artists shouldn’t have their songs in advertising.
Spotify’s Time. (n.d.). Music Business Journal Berklee College of Music RSS. Retrieved May 21, 2014, from http://www.thembj.org/2014/05/spotifys-time/
An “analyst” was quoted in the case (in 2002) as saying that “people will pay for music on the Internet, eventually.” This person was skeptical of the willingness of consumers to pay for
Live performance: These days live performance is everything. Live music is for the fans to give them a way to see their idols. Live performance has changed so much with technology. From small artists to major artists live is what it’s all about, an example for a major artist after recording and finishing an album they need to get the road with the finished product to perform concerts and festivals. Albums cost generally a lot of money to produce from studio time to having your album distributed to vinyl,cd, digital etc. The fact that music piracy is widespread and very easy to find on the internet is
The music industry is an ever-evolving revolutionary entertainment industry for the masses. Music provides entertainment to all different masses due to the variety of genres produced. Music is a very profitable and complex industry. Music has expanded to a worldwide industry for musical artist to express their art through the form of song to the masses. Music not only appeals to the ears but to every aspect of a person. Music allows for individuals to explore and let their imagination expand as they here a song. Throughout the years the industry has undergone dramatic changes. Whether it is genres, forms of how it is distributed, or even the impact the artist have had. The industry is diverse and ever changing as the years continue. In the past 20 years the industry has changed with help of the technological breakthroughs and adoptions.
The most significant down side to technology is the loss in revenue from album sales. Illegal downloading of music has become prevalent in today’s society, and many artists—major or independent—receive little to no profit from album sales. Many companies, such as Apple, have tried combating the issue with protected file formats, but a loophole has always been found to bypass the protection. Unsigned and independently signed artists hurt the most, as they pay almost everything out-of-pocket to produce their music. The only feasible response to the loss in revenue, artists have found, is to increase tour dates. In today’s age, it is not rare to find artists who tour more than eight months out of each year. Touring has become one of, if not the only, reliable source of income for many
Music Business Music Business Exam Number One Question 1 - What is The music publishing industry at a glance would seem to be those who print sheet music, method books, lead sheets, and all of the texts or notated music that musicians (and those aspiring to be musicians) use. Years ago, this was what most music publishers did, but as the industry has evolved, the process has become much more complex. Music is not just ink and paper, intellectual material and property to the individual who writes it. Therefore, the song does not become "a song" when it is written down. This is not an easy concept to grasp because the song itself has no physical makeup.
When it comes to the music industry, an artist makes a song, the label sells the song and then the listener buys it? In the world today, the music industry is knowledgeable of digital downloads, music videos, file sharing, and now social media. Social media is the voice of an individual and captures joy, emotions or thoughts in pictures, tweets or status updates. It is a reachable space that is used to keep in touch and to reach out. Social media allows listeners to shares their favorite artists, post their favorite songs and really created a genuine connection with the artists. The music industry has changed because social media is a tool needed to connecting with the listeners. Social media is necessary to maintain a career in the music business.
There are six key new market disruptions concerning the digital distribution of music: the creation of a new and broad customer base, the possibility of an annuity versus a per-unit revenue model, the gatekeeper advantage for a record company having proprietary access to a new digital distribution infrastructure, understanding of a technology that could be applied to other digital content, need for balance between physical and digital distribution strategies, the strategy the incumbent should adopt with respect to the evolving war over digital distribution standards. Was there a disruption or an evolution?
The music industry impacts the lives of people from around the world. With the implementation of technology, the influence of the music industry has spread to affect anyone with access to technology. Streaming services have contributed to the increased popularity of music. While there are positive effects to being able to stream music and have multiple ways of listening to it, the music industry suffers from the lack of revenue and illegal activity associated with technology. Technology has had both positive and negative effects on the music industry by affecting how people access music and how music is produced
In today’s evolving and changing society, many people do not appreciate how extraordinary music truly is. Since the birth of the vinyl record, there are less people who own and are interested in them. Even though vinyl records have recently been making a comeback, they are still not as popular as they once were. People take for granted how easily accessible music is today though in the past it was not as simple. Even though vinyl records may be costly and may not have a large quantity of songs, as time progresses and technology continues to develop, the way that people listen to music degrades their appreciation for music due to easier accessibility, weaker sound in terms of quality, and decaying genres.
The music industry started in the mid 18th century with Wolfgang Amadeus Mozart. Through the decades there has been a great increase in this industry; however, the revenues for this industry have declined by half in the last 10 years. This has been caused by music piracy, which “is the copying and distributing of copies of a piece of music for which the composer, recording artist, or copyright-holding record company did not give consent” . After 1980’s, when the Internet was released to public, people started to develop programs and websites in which they could share music, videos, and information with...