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Effects of technology on the music industry
The effect of digital music on the music industry
Music industry changed since the internet
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Evolution – History – Music Industry Over time the Music industry has experienced a great deal of change. A technology revolution has changed almost every aspect of the music industry, from the artist right through to the listener/consumer. Not unlike other forms of media, the music industry has been forced to move with the times, adapt to change and this has resulted in a difference for both the industry and the consumer. The industry has shifted from one where the supplier groups held all the power to an industry where the buyer groups now hold most of the power. ("The Evolution of The Music Industry," 2014) Within the Music industry there are content creators (artists), the distributors (suppliers), the promoters, the sellers, and the …show more content…
(Kamp, 2011) Computer, mobile hardware and the internet have become main players within the music industry, and although consumers download their favourite music, and music videos onto their devices - there is also an increasing demand to go to live performances at music venues – the live experience has become more important to the consumer with ticket sales selling out within minutes, and many tickets being resold for exorbitant prices to those who missed out – reflecting the high demand, along with a large variety of merchandise available for purchase at concerts and on the internet at online stores – anything from bracelets, posters, autographed photos to clothing and flashing badges. It is not uncommon for a consumer to fly to another country to experience the live performance of their favourite band or solo artist. Revenue in the music industry was previously mainly generated from record sales and world tours, but over time this has changed with the addition of income from other than direct sales, but through many other means such as music played and sold …show more content…
A lot of artists have released artist apps, Lady Gaga has done this - having an album app for her Artpop album. Fans can now share sites with others, who in turn share this with others, and the streamers can be tracked by location, this is similar to old fashioned word of mouth, but it has been taken to a whole new level with the incredible speed of today’s world of instant communication via the internet, and mobile devices, and it can be tracked and opens the door for further promotion. Bob Dylan with his Sound Graffiti album, used technology - where he allowed fans to unlock prelease songs from his upcoming album by standing in specific places around the world – an amazing promotional stunt creating a lot of hype, and recently U2 downloaded there latest album to everyone who had an i-tunes account – making big news – promotion in fine
In the past, singers made money through CDs and cassettes. These forms of media have been replaced with digital copies of albums and songs. Even this method of accessing music has begun to fade away with the replacement of streaming services such as Spotify, Apple Music, or Soundcloud. Artists’ music has also been used in advertisements. This can negatively affect the artist’s career. Music artists shouldn’t have their songs in advertising.
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
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 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 have affected this industry as well.
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...
This one-two punch has left the industry experimenting with different ideas trying to find their next revenue stream. No one is sure where the music industry will be in the next five years, but things are already changing. Musicians have more and more avenues to reach fan bases, and huge record companies no longer dominate the scene. This is good for musicians and even better for fans...
For example, music is becoming more widely available to the general public with the introduction of mp3 players and the growth of the online music industry. The essay is concluded with my personal feelings towards the use of electronic technology within the live music industry, as well as the recording studio environment. This conclusion reveals that while the use of electronic technology has become crucial in the modern music market, it should not detract from the quality of live music produced. In this way, I feel that the use of electronic technology – namely drum machines and computerised backing tracks – have had a negative effect on the live music industry, because the majority of artists within the ‘pop’ genre now use computer-generated backing for live performances.
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.
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
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.
Music Business Music Business Exam Number One Question 1 - What is The music publishing industry at a glance would seem to be those who print sheet music, method books, lead sheets, and all of the texts or notated music that musicians (and those aspiring to be musicians) use. Years ago, this was what most music publishers did, but as the industry has evolved, the process has become much more complex. Music is not just ink and paper, intellectual material and property to the individual who writes it. Therefore, the song does not become "a song" when it is written down. This is not an easy concept to grasp because the song itself has no physical makeup.
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.
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?
The music industry impacts the lives of people from around the world. With the implementation of technology, the influence of the music industry has spread to affect anyone with access to technology. Streaming services have contributed to the increased popularity of music. While there are positive effects to being able to stream music and have multiple ways of listening to it, the music industry suffers from the lack of revenue and illegal activity associated with technology. Technology has had both positive and negative effects on the music industry by affecting how people access music and how music is produced
Musicians have many options when it comes to gaining an audience of listeners to buy their latest album. Many different types of media can be used to promote their music. The main reason a musician puts out an album is to get money by having as many people buy the album as possible. So, musicians usually focus on three areas when promoting their music. They use the traditional way of radio, the visual way of television, and the combination of both on the internet. In the end they hope to have sold as many albums as possible.
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...