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mission statement what does it mean to me essay
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Mission statement: “The 360 degree Music Company, developing acts in one place, one space” Methodology My research methodology requires researching into the music industry and discovering what it is lacking. There is a niche in the market at the moment for a new business model to be created, as at the moment it is a battle of art VS commerce. Synopsis Square one produces everything under one roof. It will be the change that the industry is looking for. Square one is the revolution where commerce and art can work together and profit on a fair basis. By physically putting everything under one roof, the message is that we can all work together. We will produce a documentary to show the world where the industry stands at the moment. Many artists have openly talked about being treated unfairly by their label and/or management. We would bring all of this together to present to the mass audiences and hope for change. We would want to start a distribution channel that will give more to the artist and less to a business like iTunes who make massive profit with no contribution to the work they are profiting off. Square one is an industrial factory space that will be turned into a music company. It will comprise of 3 levels. The first level is the live music space where shows can be held on a regular basis as well as branching off onto a recording studio out the back as well as some rehearsal rooms for bands to hire out and rehearse in. We will also have on this level a shop that will hold records that have been recorded at Square one as well as artists that have performed at the venue. It will serve as a independent record store that will hold exclusivity with the items that are stocked there. We could distribute tick... ... middle of paper ... ... | The Economics of the Music Industry: 5 Guiding Principles. 2014. VERSEDonline.com | The Economics of the Music Industry: 5 Guiding Principles. [ONLINE] Available at: http://versedonline.com/the-economics-of-the-music-industry-5-guiding-principles/. [Accessed 27 April 2014]. Music Business Solutions: Music Business Education. 2014. Music Business Solutions: Music Business Education. [ONLINE] Available at: http://www.mbsolutions.com/articles/current_indie_opportunities.html. [Accessed 27 April 2014]. Local economic development principles that work. 2014. Local economic development principles that work. [ONLINE] Available at: http://cooltownstudios.com/2010/10/07/local-economic-development-principles-that-work/. [Accessed 27 April 2014]. Inertia. 2014. Inertia. [ONLINE] Available at: http://www.inertia-music.com/about-inertia/. [Accessed 27 April 2014].
As the 1930’s began, the effects of the great depression still ravaged the United States, which in turned caused a dramatic change in the music industry. Membership in the musicians’
The music industry can trace its roots to the 18th century when classical composers such as Wolfgang Amadeus Mozart sought commissions from the church or aristocracies by touring to promote their music (Boerner). By the early 20th century, recorded collections of songs were available for purchase for home listening. Towards the middle of the century, record album production had become the norm for getting new music to the masses and album sales had replaced sheet-music sales as a measure of popularity, with the first gold-recor...
III. This is the recording industry which even though their sales have been steadily declining due to internet piracy it is still an industry which has great importance in our lives. As college students alone spend about 450 million dollars on music, according to Harris Interactive a worldwide market research and consulting firm. Ever since the birth of recorded music, it has defined our eras and defined each and every one of us. Music has been and always will be the soundtrack of our lives.
The Internet has cut into the music industry's profits. It reduced the demand for CDs, increased the interest in singles and let people decide whether they want to pay for the new Prince album. This alone could be offset if all of the people pirating music would go to their favorite artists' shows. However, the hard economy has rapidly cut into people's ability to spend on luxury items and concerts rank right up there with sports in terms of practicality.
Ramsay, D. (2012). The Rise of EDM | Music Business Journal | Berklee College of Music. [online] Thembj.org. Available at: http://www.thembj.org/2012/10/the-rise-of-edm/ (Accessed: 20 May 2014).
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
Polyphonic, like the rest of Grupo, is led by a talented and educated team of managers, who have experience working in the music industry. Adding to their strengths, the company is supported by an experienced advisory board made up of music industry insiders with first-hand knowledge of how music companies operate and about the challenges they might face. Lastly, Polyphonic has created in HSS a valuable and scientifically proven product with unlimited potential that can serve across different market segments (discussed at length below). However, the company is not without its own challenges.
We have all watched over the last year and a half as the controversy over the digital music provider Napster has clogged our television screens and lined our floors in the forms of newspaper articles. We are also well aware of the implications and revenue losses that the service either directly or indirectly causes. What I am going to investigate more in-depth in this article is, more specifically, the effect that Napster has on the operations of record stores worldwide. I am going to try to describe the most profound effects that Napster has on this industry.
The music industry is a tough community to become involved with. Everyone within it is constantly looking for credibility, ethos, to get
...en the biggest hurdles the music industry has overcome. Thanks to iTunes and Google Music record labels and artist can reach almost anyone in the world with their music and know that their work won’t be infringed upon. In the next five years copyrights will still have the respect it has today. As technology moves along copyrights will be right behind it revising the rules and regulations to make sure that an artist intellectual property is safe and that the artist or label can receive compensatory damages for copyright infringement.
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 creation. 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. Development in computer technology has also made a big impression on music. Many things within these fields have enabled artists to connect with their fans in a way they couldn’t before, and on a lower budget. In this paper, the discussion will be about all of these topics, and about the factors that help transform the music industry into something altogether easier for new people to contribute.
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.
“Across industries, human resource managers have come to understand that satisfied employees have a great deal of influence on client satisfaction” (Wells, 2008). Inundated paperwork such as tax preparations, and filing certain documents with the major headquarters of Arthur Murray Studios are causing huge headaches for SLT. Tax issues for dance studio business is one area that SLT needs help preparing a dance studio business plan that is tax ramifications. Unfortunately, SLT is not a tax expert and is seeking help with such things as the specific structure of the business, the annual revenue stream and yearly budget. SLT has hired a qualified tax attorney to prepare a dance studio business plan as a step for expanding the
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.
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...