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what is youtubes effect on the music industry
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labels in court. There are just too many loopholes in contracts in favor of the labels. Artists can’t compete with the labels in court because they lack the funds to do so contrasting the amount a business monster like a major label possesses. Those artists who do go to court have a hard time proving that they are being cheated by their label since they lack the documentation to prove the money they are owed because the label has a policy on how many times an artist can audit. In the end however, it is the fans that are the greatest stakeholders of all. The public is the one who buys the product and points the industry toward popular opinion and success. Another shady dealing that reveals the trickery of these contracts is , “co-publishing …show more content…
There are a few possible solutions to this problem available for many budding artists that attempt to fit the criteria of a perfect solution. Some examples of criteria are: fairness towards artist, profit towards artist, gain of fans, and a way for an artist to disperse their music. The first solution is the utilization of social media and technology for self-promotion. This self-promotion model is ideal if an artist wants to shy away from the major label deal or even just gain a following before signing. The reassuring knowledge they already have a fan base also helps cement their success if they are to work with a major label. The artist would have to be willing however, to put forth their own finances for self-promotion. This means buying equipment and paying to play at certain places. The disadvantage of this model is that technology can be expensive. Although technology has been developing at such a high rate a lot of production programs such as Pro Tools, have become cheaper and are high grade mastering recording equipment available to the public without the ties of a label, there is still a lot of equipment needed to self-produce. The equipment included in this is instruments, microphones, audio recording programs, computer, and a camera, which can cost over 300 dollars each. This solution does not seem promising, but it does have its advantages. One very big …show more content…
One such website is known as YouTube. YouTube has so many possibilities from self-promotion, lessons to improve musicianship, comments by viewers on ways to improve on certain elements, and so much more. Getting the attention of viewers is as simple as covering a popular song. This will intrigue viewers if you are good enough to look more thoroughly at your channel. By using YouTube an artist can gain a more personal relationship with their viewer by having the audience see them in person. This adds more of an intimate relationship between viewer and audience, which is ideal for creating fans. Having fans make comments on the artist’s videos assists in letting the artist tailor towards their audience. This can make an artist more popular, which results in gaining more subscribers and hits (Cayari, 2011). The disadvantage of this is that artists can be stalked or harassed even over the internet. Another disadvantage is it is no guarantee of how successful the artist will become and how much of a profit they will make. To make a profit from YouTube an artist has to get sponsors, set up an iTunes account, and come up with merchandise; a lot of these items coming from the artist’s own pocket. In order to make a profit, you have to spend one. YouTubers have to spread the word through other social sites such as Facebook, and music networks such as, ITunes, Pandora, and Spotify as well. Lastly, with
Although it may be perceived that music is a free market based on the love of music, others may argue it is based on profit. In the article “U2’s double trouble,” the band Negativland proclaims that Island Record’s, U2’s record label, only concern in the lawsuit is, “to control the marketplace” (139). Negativland believes Island is trying to control what music is being made and sold. Island is so focused on profit that they are limiting the musical market.
In America, there is currently a lawsuit pending that threatens to change the face of the music industry. The lawsuit is against Napster it has been brought by the Recording Industry Association of America (RIAA) as well as other major music labels.
Singers and songwriters need to make a living somehow. They know that downloading music is a way to get their voice heard, but they also know that it is significantly hurting the business. "When your product is being regularly stolen, there comes a time when you have to take appropriate action," said RIAA president Cary Sherman (RIAA 1). There are a lot of people involved in the music scheme when it comes to who needs to get paid by the revenue. From the sale of one CD, singers get one small fraction of the cost, another fraction goes to song writers, musicians also get some of the profit along with retailers, engineers, technicians, warehouse working, and ever...
The two biggest components are major and independent record labels. Major record labels are the driving force of the industry, “Big Four labels/major record labels represented the majority of the music sold, making up as much as 75% of the music market or more depending on the year.” (About.com) Additionally, “The five major record labels; Sony, Universal, BMG, EMI and Time Warner dominate 85% of the market when it comes to sales of Compact Discs. Leaving only 15% for the hundreds of independent record labels and thousands of artists out there." (Raprehab and Bomhiphop.com) In his essay A Brief Outline of How the International Popular Music Industry Manipulates and Exploits the Audience, Shams Quader discusses this issue."Big Four is responsible for 70% of the worldwide music and 85% of US music sales. ... Seeing that these companies have such a monopolistic hold on the world market..." (Quader) it would be safe to presume that the music monopoly was/ is created as a result of how the three major record labels today are holding more than three forths of the net profit of the industry moreover the question of the monopoly was brought to the table especially when Universal Music Group proposed a merger with EMI and many of its top billboard chart artists, Universal Music Group was also the
major record labels have been slow to embrace distribution over the Web because of the difficultly
Corporate greed is nothing new to the music industry, as its long history of artist exploitation continues today. While greed in business may not be seen as a bad thing, when it comes to the creative industries it is the fundamental evil between creativity and commerce. If the artist doesn’t make you money, you send them on their way, and if they do, you try to give as little as contractually possible to the artist themselves. Some labels will claim they are there for the music, and that they are a label that is loyal to its artists and are focused on the quality and integrity of the music and artist alike, but this couldn’t be further from the truth. Corporate greed cuts into the innocent ideal that labels are genuine music lovers who want
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.
For a start, sponsorships can be risky. For example, overexposure can take a negative effect on the artist and his or her song. Many people are tired of hearing the same song on the radio, television, and at the movies after a countless amount of times. According to paragraph 8 of “Selling Out Not Worth the Risk,” Moby, an electronic artist, released his album called Play in 1999. He licensed each one of his 18 tracks. Fans then lost interest because they heard this everywhere on the radio, on commercials and movies. In many other cases, a record label who owns the rights to the artist’s music licenses the song to another company. Once this happens, the artist would not have any control over how the music can be used. According to paragraph 9
The music recording industry is in trouble. For several years now, sales of new and popular music have steadily declined and show no sign of changing. The record companies are quick to blame the growing popularity of the Internet; music is being traded in a digital form online, often anonymously, with the use of file-sharing programs such as Morpheus, KaZaA, and Imesh, to name a few. The RIAA (Recording Industry Association of America) succeeded in disbanding the pioneer Internet file-sharing program, Napster, but is facing confrontation with similar programs that are escaping American copyright laws. While there is an obvious connection between declining popular music sales and increasing file sharing, there is more going on than the RIAA wants to admit. I will show that the recording companies are overpricing their products, and not sufficiently using the Internet as an opportunity to market and sell their products. I shall begin by describing in greater detail the problem that the recording companies are facing, as well as the growing epidemic of online music trading. From there, I will show the correlation between the two and describe the other factors affecting record sales, and how these trends could be turned around to help the industry.
The case presented is that of Sam Stevens who resides in an apartment. He has been working on an alarm system that makes barking sounds to scare off intruders, and has made a verbal agreement with a chain store to ship them 1,000 units. He had verbally told his landlord, Quinn, about his new invention and Quinn wished him luck. However, he recently received an eviction notice for the violation of his lease due to the fact that his new invention was too loud and interrupting the covenant of quiet of enjoyment of the neighbors and for conducting business from his apartment unit.
The world of the music industry has changed greatly since the heady heyday of vinyl. The way to a music fan 's heart, however, has not changed at all. There was a time when fans fell in love with music and lined up for the next hot album release. Those days are gone.
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
Washington University in St. Louis School of Law. (2013, Aug. 28). “Washington University Law Blog”. Case Study: A & M Records v. Napster, Inc. Retrieved from http://onlinelaw.wustl.edu/case-study-am-records-inc-v-napster-inc/
Introduction: In the past, music has been a costly business, where only people with a lot of money could enter and be successful in the industry. Changes in the music industry, coupled with new computer technology, have made it much easier for people without a lot of money to compose, produce, and distribute their creations. In order to get a better understanding of the music industry in comparison to 2014, one has to look at its history. There were many things that happened from the 1980’s onward, and they brought on a significant impact towards the music industry.
As an alternative to being a solo artist or part of a band, many people will choose to be a session musician, which means one will move from group to group while playing backup for each group, or for a solo artist (BLS). When first starting out, performers need to start out at fairly small venues, including bars, nightclubs, and parties (Greenwald). Though, if successful, a musician will become more famous among such local places and move on to bigger jobs and venues such as baseball games, on the radio, or even in movies (Greenwald). They get such opportunities usually by being discovere...