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Impact on music piracy
How technology impacts the music industry
Research paper on the impact of technology in the music industry
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The current state of the music business is disappointing, yet progressive. It’s extremely interesting the way it has morphed and continues to do so. The switch to digital music has brought about a new era which affects all aspects of the business. There are varying opinions on whether the business has improved or declined, but the one thing that holds true is the fact that it is changing and the future of music will form before our eyes. It’s quite clear that there are advantages and disadvantages regarding the current industry, but is it the same as it used to be? The frequently used statement “back in the day” commonly refers to an older time where things were different. Often grandparents use it explaining life in the 40’s and 50’s. In the music industry however, the statement “back in the day” refers to a time before itunes. It refers to a time before digital music. It could refer to the days in the 90’s when people would line up outside of Tower Records waiting for that new album or single to drop. Of course the music industry changed during the evolution of the LP, 8 track, cassette, and cd, but none of these changes came close to the switch to digital music. Some say that itunes is saving the music world. Others say they are ruining it. If itunes were the only means of obtaining music, it would make the industry a lot less complicated. Unfortunately there are those pesky little websites that have been popping up for years such as Limewire or Kazaa, which provide free/illegal downloads to pretty much any song or video the guest desires. There is no telling what kind of revenue artists have missed out on due to these bootleg sites, as millions are stealing their music. It is... ... middle of paper ... ...or can knock them off. It’s my understanding that whether you believe that the industry has and will be changing for the better or for the worse, it will always be a driving force in the economy even during times of economic downturn. The companies like Apple and Live Nation will surely remain on top in the foreseeable future, but anything could happen. Unfortunately, it seems as though CD’s become more and more obsolete as new methods of obtaining music arise. Hopefully the industry will continue to flourish as major labels begin to make less and less sense as far as true music is concerned. It’s truly amazing how the industry grows and changes in a matter of a year. It clearly has its benefits as well as its negative attributes much like any other business. The music industry is a living breathing thing, and that will continue to remain true.
The music industry has changed in more ways than we could imagine. At first we started with artists just selling singles, then it transformed over to people buying albums, and forn then on iTunes started to sell songs for just cents. In the year 2005, Pandora was launched on the Internet and later they created a mobile app. Most of the artist’s music can be found on YouTube. Free downloads has affected this industry as well. The music industry has found many ways to let the fans listen to the music they love. Internet streaming radios like Pandora are having to pay artist for copyright reasons. The music industry had two significant changes in the 21st century: the physical albums have dropped but streaming music has increased, even though artist get little to nothing in return.
The up rise results in artists realizing how much the population are interested. This sparks new artists, who have a more natural stance in use of technology. Traditional individuals in EDM have gone from "vinyl", turn tables of "DJ [-ing]" to Mac computers and constant downloading of music as well ...
For many, change is a cause for ignorance. Most of us fear the idea of change. When one is faced to deal with c...
The future of industry depends on whether the people involved in it can use the new technology in a smart way. It’s up to the music industry to make the right next move.
The limitless access to music makes it easy to forget that people's careers rely on the profit behind every song. A profit that is continually shrinking, something that is forcing companies to re-think the way they get music to us, the fans. This will affect everyone who has the slightest interest in music. Some for the worse, but many for the better.
The music industry is about selling the recordings and the performances of music among many individuals and organizations that works with musicians. The music industry has both the charm and the organizational architecture to affect the business and the cultural trends. There are millions of listeners and followers to the products of the music industry. The opinions of these listeners always change depending on what they see or hear. The music business or industries have been influencing generations of recording artists, business professionals and consumers. The music industries have been reinforcing questionable subject matter, music lyrics and business and social norms.
I have been asked to identify and evaluate two important current developments in the music industry. I will be discussing the rise of electronic dance music and also the growing number of musicians gaining success via YouTube.
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.
The current growth of the music industry is a result of the global popularity of EDM (Unknown, 2013). The DJ market has increased in popularity in past years as new technology has made it easier to become an entertainer (Vincent, 2013).
In society as we know it today change is a concept that every individual understands and
One important change that has occurred is the distribution of music digitally. Music now in our society is purchased through the Internet. The simplicity of having an entire library of music on one device has been adopted versus having stacks of CD’s or tapes. The emergence of the Mp3 file has changed how we listen to music. Mp3 are digital songs that are portable, provide high quality sound, and are less expensive. Essentially by eliminating middlemen, digital music took control of music away from the major record companies and put the power in the listener’s hands. Major companies such as Apple’s iTunes created the distribution of digital music. CNNMoney mentions, “iTunes is currently responsible for 63% of all digital music sales” (CNNMoney). They set the standard of 99 cents for a single song, which was quickly adopted by major music companies. Selling songs by singles provided more control ...
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
...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.
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 ways 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 to. History: Back in the early 1980’s, record labels controlled what people could hear through airplay, record distribution and manufacturing, and selective promotion of music based on their judgement of their audience.
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?