Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
What has the influence of globalisation been on the music industry
The effect of globalization on culture
The effect of globalization on culture
Don’t take our word for it - see why 10 million students trust us with their essay needs.
In this paper I will review how globalisation has impacted the Music Industry in recent years, and in particular the US multi-national Universal Music Group (UMG). The term globalisation is defined as “the process by which businesses or other organisations develop international influence or start operating on an international scale” (Definition of globalization). People’s view of globalisation varies depending on a number of factors including where they live, their religion, social status, political ideology, cultural background and wealth. The world-renowned British scholar David Held said, “Globalisation denotes transcontinental or inter-regional flows and networks of activity, interaction and power. It is, in short, about the interconnections between different regions in the world – from the cultural to the criminal, the financial to the environment – and the ways in which they change over time”. This descript definition demonstrates just how many things globalisations has an effect on across the world, and describes its action of connecting people, countries, and businesses through “networks of activity, interaction and power”. In addition, Kenichi Ochmae, a Japanese organisational theorist, said that globalisation is the “onset of the borderless world” (Al-Rodhan, 2006). This provides a simple explanation of globalisation because the phrase “borderless world” describes exactly what globalisation is about, however the weakness is that it is very non-specific.
Relationships and activities (business and otherwise) between countries are changed through globalisation. It results in the sharing of information, skills, knowledge and capital across the world and an increased mix of cultures. The six main aspects of globalisati...
... middle of paper ...
...iracy.weebly.com/statistics.html
Staff, B. (2013, July 8th). SoftBank's $8.5 Billion Takeover Bid of Universal Music Group Rejected by Vivendi (Report). Retrieved January 8th, 2014 from Billboard: http://www.billboard.com/biz/articles/news/digital-and-mobile/2896248/softbanks-85-billion-takeover-bid-of-universal-music
The British Recorded Music Industry (BPI). (2013). BPI Yearbook 2013. United Kingdom.
Throsby, D. (2002, October). THE MUSIC INDUSTRY IN THE NEW MILLENNIUM: Global and Local Perspectives. From • http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.199.8085&rep=rep1&type=pdf
Vivendi. (2012). Vivendi Annual Report 2012. Retrieved January 18th, 2014 from Vivendi: http://www.vivendi.com/wp-content/uploads/2013/04/20130403_Annual_report_2012_ENG.pdf
Wetherly, P., & Otter, D. (2011). The Business Environment - Themes and Issues (2nd ed.). Oxford.
The Internet—as it did for almost everything—has radically changed the way people get music. 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.
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.
In this paper I will be discussing how globalisation has impacted the Music Industry in recent years, and in particular the multi-national giant Universal Music Group (UMG). Globalisation is a noun that is hard to define; it has many definitions depending on which scholar you talk to, which dictionary you reference, and the viewpoint you take. The Oxford dictionary will tell you that globalisation is “the process by which businesses or other organisations develop international influence or start operating on an international scale” (Definition of globalization in English). People’s perspectives on defining the word vary depending on the place they were born, where they have lived, the religion they follow, their social status, political ideology, cultural background and wealth, amongst other things, because all of these will affect whether they view globalisation to be a positive or negative occurrence. My favourite definition comes from Kenichi Ochmae; a Japanese organisational theorist most recognised for introducing Japanese management methods, such as the just-in-time method of production, to the Western world. In 1992, Ochmae said that globalisation is the “onset of the borderless world” (Al-Rodhan, 2006). This is my preferred explanation of globalisation because it is so simple to digest. From the phrase “borderless world” alone you can begin to understand exactly what globalisation is all about, however the simplicity of this definition is also its downfall because it is very non...
Globalisation can be construed in many ways. Many sociologists describe it as an era in which national sovereignty is disappearing as a result of a technological revolution, causing space and time to be virtually irrelevant. It is an economic revolution, which Roland Robertson refers to in his book ‘Globalisation’ 1992 pg 8, as “the compression of the world and the intensification of consciousness of the world as a whole”. It is argued that globalisation allows the world to become increasingly more united, with people more conscious of ethnic, societal, civilizational and individual aspects of their lives.
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.
Globalization is a broad concept and the angle taken to define it can lead us to interpret the idea in many different ways. There is much controversy about what globalization actually means and many definitions fail to encompass social, cultural and technological exchanges between world systems. John Pilger suggests that "it is a jargon term which journalists and politicians have made fashionable which is often used in a positive sense to denote a 'Global village' of free trade, hi-tech marvels and all kinds of possibilities that transcend class, historical experience and ideology." (J.Pilger 1998:63). Taking a broader point of view, Bilton et al defines globalization as "The process whereby political, social, economic and cultural relations increasingly take on a global scale, and which has profound consequences for individuals, local experiences and everyday lives."
Worthington, I. and Britton, C., 2006. The business environment. 1st ed. Harlow: Financial Times Prentice Hall.
...talistic world, but how to satisfy more than one cultural group. This is not the first time we have seen something like this though. In 1958, Dean Martin recorded on of his biggest hits by recording “Volare”. The importance of this song is found not only in the fact that it is an original Italian song, but that it is recorded incorporating both English and Italian into the song at the same time. Frank Sinatra also tried this same approach in 1967. He recorded an album of songs done by Brazilian composer Antonio Carlos Jobin. As noted by the Music Council of Australia (MCA) it is globalization that has an affect on music. They state: “80% of the world’s trade in music happens under four giant transnational recording companies whose fortunes at present depend on global marketing of Anglo American pop music. We can buy music of virtually any culture by ordering from massive catalogues from internet music suppliers, locations unknown. Furthermore, the whole deal can take place on the internet: the search, the ordering, the payment and the delivery. We needn’t leave the room. Music, more than almost any other commodity, has lent itself to globalization. And globalization is upon it.”
After the cold war, word ‘globalization’ was commonly used at a time of unprecedented interconnectedness when advanced nations experienced a ruthless development by exploiting energy resources and stressing culture forms in developing countries. To identify the definition of ‘globalization’, it is significant to clarify its appearance as well as implication.
With the proliferation of the internet international Business transactions are more common today than ever. Globalization is now a key factor when creating a business strategy for most companies whether they are small family own businesses or huge corporations. Globalization however does not just involve selling a product in other countries. There are legal and cultural concerns that must be addressed. The legal aspects are fairly simple because in most places the laws are spelled out. It's the local customs, and regional way of doing things that can be tricky. Research on globalization has shown that it is not an omnipotent, unidirectional force leveling everything in its path. Because a global culture does not exist, any search for it would be futile. It is more fruitful to instead focus on particular aspects of life that are indeed affected by the globalizing process. (1). In this new economy, as it has been in the past, it will be the people not the machines who will determine a company's success. Having an effective Human Resource Management team that effectively analyze your company's current and future personnel needs is key in any business organization.
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...
Globalisation refers to the process of the integration of economic, political, social and cultural relations among people, companies and governments of different nations and countries. It is a process aimed improving international movement of goods, services, labour and capital. This process also has a direct impact on the environment, culture, political systems, economic development and prosperity, and a human physical wellbeing of societies in the world.
The interrelation and the integration of people, companies, governments and nations can be described as globalization. Globalization was produced due to international trade and investments with the help of technology. In today’s world, globalization is very essential. Advancements and technology help the process needed for globalization. Many countries and organizations similarly are affected by this phenomenon, on the other hand, smaller countries have benefited from larger contributors to the world’s market.
Globalisation is a very complex term with various definitions, in business terms, “globalization describes the increasingly global nature of markets, the tendency for transnational businesses to configure their business activities on a worldwide basis, and to co-ordinate and integrate their strategies and operations across national boundaries” (Stonehouse, Campbell, Hamill and Purdie, 2004, p. 5).
The term globalization is one that is an exceptionally wide-ranging term and it is used to explain a wide variety of definitions. Many people link the term globalization with the how the world is connected on an international and a local scale. One example of this is how Inda and Rosaldo illustrate globalization as being in “a world full of movement and mixture, contact and linkages, and persistent cultural interaction and exchange” (Inda and Rosaldo 4). On the other hand, they also imply that although movement and connections are prime components of globalization, disconnection and exclusion also form globalization (Inda and Rosaldo 30). Global flows of economic and social structures are not fluid and constant; they have the power to exclude and immobilize as well as enhance movement and include certain beings. In the 60s, the term `global village' was used by Ma...