Affect of Technology in Music Industry Essay

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The music industry has come a long way since those dreadful days of the mono recordings. Back then, artists, producers, and engineers didn't have as much of a choice of what equipment that would use to get their recordings done. With the advancement in technology and new innovations constantly being created in the music industry, the opportunities are endless. If you look up the definition of technology you will see the words industry and commerce, which to me just means growth and development. Technology has and will continue to influence growth and development in the music industry. With the growth of technology, the technical end of producing and engineering has become somewhat a quicker task. For example, the introduction of system…show more content…
Now everyone downloads there favorite songs onto their MP3 player and play what may seem like endless hours of the songs of their choice. MP3 technology has played a key role in radically changing the music industry and has become somewhat the standard amongst online fans. Global music sales are currently around 37 billion in the US. However, there are indications that physical music sales- mainly compact discs, cassettes and vinyl have reached a state of saturation.6 That's not to say the market is saturated because by all means its not. Most music is currently being distributed by means of compact discs. For example, the National Association of Recording Merchandisers (1999) reported that 91 percent of all revenues received by music retailers derive from sales of CD's.6 One thing that is attracting consumers to download is the fact that the quality of the songs does not deteriorate during the download process. The development of digital music has changed the music industry to the point that downloading has made its way to the center of the music industry. New innovations like the MP3 have put music in the reach of those with computers. The MP3 allows the transfer of close to CD quality sound music files over the internet. MP3 was developed by the Motions Pictures Expert Group(MPEG) of the International Standards Organization (ISO). The MP3 wasn't even developed even developed for musical purposes. It
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