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The rise of digital music and its effect on the music industry
The evolution of the music industry
The evolution of the music industry
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Knit Media
Remember the days when a person would have to wait in line for two days just to purchase U2 tickets? Remember the days of tapes and videos? Hey, let’s get with the program, it’s now the 21st century, the information, technology age. All one has to do is flick on the computer, get on-line, type in www.knitmedia.com and one has opened the doors to the “Entertainment Company of the 21st century.” In the convenience of a person’s home, one is able to download music, purchase a compact disc, and even download a performance. Michael Dorf, founder and CEO of the Knitting Factory had this dream, and what almost seemed impossible has finally come too pass. This dream needed a group of managers to put it into action. According to Management Leading People and Organizations in the 21st Century by Gary Dessler, “21st century managing, is a management approach to the rapidly changing business world that emphasizes responsiveness and effective leadership”, (pp. 24-25). The Entertainment Industry is Infamous for the dynamic nature in the way business is conducted. The way a company reacts to trends in the Music Industry affect whether a company sinks or swims. Through expansion both here in the United States and abroad, Michael Dorf faces both challenges met and to be addressed. From examination of his management style, we can observe that this company, KnitMedia is swimming.
Chapter One (pg. 30)
Few industries are undergoing as much rapid change as music, entertainment, and Internet/new media-industries that KnitMedia is in. Compile a list of the trends (such as consolidation of the music companies) taking place today for which Michael and his colleagues will have to plan.
Using WEB resources, make a list of the competitor in New York City for the Knitting Factory.
Examples of some of these trends include the use of the Internet, the packaging of music, and clubs, which allow a person to experience the music in person.
According to an article on the KnitMedia website, “Dave Brenner, Vice President, New Media oversees the development and implementation of all Knit media online properties and is involved in all levels of technology including network infrastructure, e-commerce, application development and interface design.” Thanks to Brenner one can easily access the knit media website and download music. In the past when a person hears a tune on the radio, he or she must hop into their car and drive to a music store.
The person who has had an impact on myself, and the music industry, is Vida Sparks. Today she is the manager of Flyte Tyme Studios and Productions, and also acts as the executive assistant to the Presidents and owners Jimmy Jam and Terry Lewis. I interned for Flyte Tyme my senior year of undergraduate to meet my business internship class requirements, and I loved it so much I went back the next year just to volunteer for fun! Vida Sparks demonstrates many characteristics that I believe make a successful and effective leader. Throughout our readings, the three styles that I thought best relate to Ms. Sparks are the skills approach, behavioral approach, and path-goal theory.
Europeans brought diseases to the Americas, such as smallpox and measles. The original descendants did not bring the diseases because they traveled through the cold and they had no domesticated animals. Many of these diseases were caused by domesticated animals. At the time people that lived in Afro-Eurasia had developed immunities to these diseases. Native Americans did not have these immunities that’s why possibly 90% of the first Americans died between 1492 and 1650.
The Columbian exchange was the widespread transfer of various products such as animals, plants, and culture between the Americas and Europe. Though most likely unintentional, the byproduct that had the largest impact from this exchange between the old and new world was communicable diseases. Europeans and other immigrants brought a host of diseases with them to America, which killed as much as ninety percent of the native population. Epidemics ravaged both native and nonnative populations of the new world destroying civilizations. The source of these epidemics were due to low resistance, poor sanitation, and inadequate medical knowledge- “more die of the practitioner than of the natural course of the disease (Duffy).” These diseases of the new world posed a serious
Columbian Exchange or the big exchange was a great exchange on a wide range of animals (Horses, Chickens, sheep, swine, Turkey), plants (Wheat, barley, corn, beans, tomatoes), people and culture, infectious diseases, and ideas, technology (Wheeled vehicles, iron tools, metallurgy) all these things happened between Native Americans and from Europe after the voyage of Christopher Columbus in 1492. Resulting in communication between the two cultures to initiate a number of crops that have led to the increase in population in both hemispheres, where the explorers returned to Europe loaded with corn, tomatoes, potatoes, which has become one of the main crops in Eurasia with the solutions of the eighteenth century. At the same time, the Europeans crops, cassava and peanuts to Southeast Asia with a tropical climate.
The Columbian Exchange allowed the world to share its resources and discover new ways of living. It opened the doors for new discoveries, trade, and raised the economy of many countries. People throughout Europe were given the opportunity to travel to the newly discovered lands of the Americas and begin new lives.
The Colombian Exchange was an extensive exchange between the eastern and western hemispheres as knows as the Old World and New World. The Colombian exchange greatly affects almost every society. It prompted both voluntary and forced migration of millions of human beings. There are both positive and negative effects that you can see from the Colombian Exchange. The Colombian Exchange explorers created contact between Europe and the Americas. The interaction with Native Americans began the exchange of animals, plants, disease, and weapons. The most significant effects that the Colombian Exchange had on the Old World and New World were its changes in agriculture, disease, culture, and its effects on ecology.
There were of course a few negative effects of the Columbian Exchange, but there are always negative effects of everything. But the Columbian Exchange greatly improved exploration for Europeans, making it easier for them to expand and explore in the future. It also brought new crops to both the Americas and Europe, helping both economies and populations. And finally, the trade of livestock enhanced the lives of Native Americans and made them much easier. Overall, the Columbian Exchange greatly helped both the New World and the Old World economically, politically, and socially.
The Columbian Exchange was a period where exchanges between the New and Old Worlds took place. There were cultural and biological exchanges and these included plants, animals, diseases and even technology (Crosby, A.). These exchanges not only transformed the European and Native American ways of life but made it easier. The Columbian Exchange not only transformed life but impacted the social and cultural structure of both sides of the World. Advancements in agricultural production was seen, there was an evolution of warfare, an increased mortality rates and education was also effect by the Columbian Exchange on both the Europeans and Native Americans (Crosby, A.). This exchange began in 1492 with Columbus ' discovery but afterwards, the trade
These documents were sought to explain the social, political, and economic effects of the Columbian Exchange and describe the interaction between Native Americans, Africans, and Europeans. The Europeans were the main cause for these effects during the Columbian Exchange, while the effects were caustic to the new continents they did cultivate a new mix of plants, animals, bacteria, and cultural diffusion which changed the course of history on a path no one would be able to predict except for the ones that lived
...d, the tragedy of the trade can never be erased from America. Disease, plants, animals, and ideas were spread to both worlds, and only one seemed to benefit. However, America was not completely at loss. Nutrients such as potassium, which can be found in plantains, helped many Native’s recover from the epidemics they faced. Wheat was used to boost carbohydrates consumed. Horses were useful to Amerindians for transport and hunting. However, the Columbian Exchange left a large footprint that would affect history forever.
[1] Information was mainly taken from the Harvard Business Case Study “The Walt Disney Company: The Entertainment King”
This case provides a brief history of management conflict and change at Walt Disney Company. Former CEO Michael Eisner was considered to be controversial because of his abrasive style and tendencies toward micromanagement. It was this style that strained several important relationships to the Disney Company. Though his reign as CEO during the 80’s and 90’s helped advance Disney Company, it was his conflicting management style that led to his demise and the beginning of Robert Iger’s epoch at Disney. Since Iger has taken the helm as CEO Disney was ranked 67th in the Fortune 500 list for largest companies, it has become the largest media conglomerate in the world, and relationships and disputes stemming from Eisner have been reconciled.
Van Buskirk, Eliot. "SoundCloud Threatens MySpace as Music Destination for Twitter Era." Wired.com. Conde Nast Digital, 6 July 2009. Web. 10 Mar. 2014. .
With each passing year, technology has become highly involved in our lives, and continues to at a rapidly increasing rate. Technology, in many ways, was designed to help people in various fields of work. However, it has also achieved the reciprocal. Where does music lie? Has technology hurt or helped the field of music, specifically hip-hop? What do these advancements mean for the genre?
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?