Analysis of the Music Industry

Trivedi Case 6: Music Industry CONTENTS EXECUTIVE SUMMARY 1 THE MUSIC INDUSTRY 1 INDUSTRY VALUE CHAIN 1 CONSUMER BEHAVIOR 2 DISTRIBUTION 4 RECORD LABELS 5 ARTISTS 5 TECHNOLOGY DISRUPTION 6 MEM RECORDS 8 MEM RECORDS VALUE CHAIN 8 VALUE PROPOSITION CANVAS 9 MARKET FORCES 10 PORTER’S 5 FORCES 10 ADDITIONAL FORCES AT PLAY 11 RECOMMENDATION 11 THREE HORIZON MODEL 11 HORIZON 1: 12 HORIZON 2: 12 HORIZON 3: 13 VALUE MIGRATION 13 DISRUPTIVE INNOVATION 14   EXECUTIVE SUMMARY The music industry has been undergoing

Martin Foley MP Minister for Creative Industries Recommendations for Contemporary Music Policy for Victoria PURPOSE: The Victorian arts and cultural sector is recognized as one of the major strengths of the Victorian economy with the stated objective of developing and promoting a thriving Victorian arts and cultural sector. In the last decade, Melbourne has achieved the reputation as the premier music city in Australia, with Victoria’s reputation as the music state being world renown for the quality

Racism in the Music Industry Artist and Chicago native, Chance the Rapper, stated to Huffington Post,” Colorism and racism doesn’t stop when you’re a musician or when you have wealth or when you’re in any given position, Kendrick [Lamar] going home Grammy-less [in 2014, when nominated in 7 categories] was an awesome moment for people to recognize that it plagues us regardless of talent or skill.” No matter the time or the talent racism seems to continually play a role in the music industry. Chance the

These given 3 graphs below show what kind of music albums that people purchased in Britain according to sex and age. The first graph is about the percentage of people who buy Pop Music. The interesting fact that is the most consumers of Pop Music are females, especially ladies whose age between 25 years old and 34 years old, its number had reached 35 percentage. The second most people who buy Pop Music is young people who is older than 15 years old and younger than 25 years old which also takes

ton of research about the effects of streaming in the music industry. I already had some knowledge on the topic because we've briefly discussed this in my required classes for music business. I was surprised to find out exactly how many articles there are about this topic. A few articles I found were focusing on the fact that Apple has launched a streaming service, Apple Music. This was big news because Apple is one of the major suppliers of music with iTunes downloads. The articles were interesting

The consumption of music is critical to the industry of sound production. Adhering to the market to which a musician is wishing to connect to can play a vital role in the ways the music is recorded and mastered. A great exemplar of this would be music from the black metal genre, in which maintains a raw and gritty sound quality often clipping the microphones. To present a polished, well mastered collection of this genre of music would cause unrest to purists and entice questions of authenticity.

Back in the 1990s, music ruled the entertainment world and it was led by five legendary record labels. As the saying goes, "they don't make 'em like they used to" - a statement that holds true to the way record labels were run in the 1990s and early 2000s. These five record labels were at the top of their games, and their artists became household names and some of the biggest entertainers in the world. These labels operated more like a family, and most artists would have done anything to be a part

The music industry has undergone radical changes since the end of the 1990’s, largely a function of the internet and its effects on sales and copyright. Besides placing artists and their music on the world stage, the internet also permitted the downloading of music from free-file- exchange networks. A parallel and equally worrisome, phenomenon is record pirating, a practice made easier by the proliferation of CD burners and access to high speed internet. Unauthorized downloading and pirating circumvent

“The Music Industry Has Been Revolutionized,” Greg Kot explains musicians in the music industry are experiencing unwanted change around the world from technology since the popularity of file-sharing websites available online. Consumers of music don’t want to pay for music because of the increased availability, although not doing so prevents revenue for musicians. Explained in Kot’s article, increased popularity of file-sharing has made access to music so convenient to the point where the music industry

The attractiveness of the music industry from the perspective of Warner Group Music Summary Major transformation in the music industry over the last decade has resulted in the three major record labels; The Warner Music Group, Sony Music Entertainment and Universal Music Group finding themselves with rapidly decreasing revenues and company structures which no longer provide profitability. A brief analysis of the external strategic factors affecting the Warner Music Group has revealed the changes

1. Executive Summary: This strategic analysis focuses on many aspects needed for Sonic Records to build a competitive and successful online music store. E-sonic, subsidiary of Sonic Records was created with the vision of becoming the world’s leading online music store. This strategic analysis contains company objectives, strengths, weaknesses, functionality, potential challenges and insight on what makes competitors successful. It also contains trends, projections, and opportunities within a fast

strategic analysis of Sonic Records employee compensation system and their recently added online on-line music warehouse and distributor E-Sonic. By creating this strategic analysis there becomes a pathway to make informed decisions on employee compensation strategies at all levels of E-Sonic. Having this detailed concise report helps provide paramount information for E-Sonic to grow organically and achieve the ultimate company objective of dominant market leadership in the online music category

The online music market is a highly competitive market which has exploded with a large number of competitors in the recent years. Players such as iTunes, Napster and AmazonMP3 dominate this market with revenues being made by all players in the market exceeding US$4.2 billion in 2009 (http://www.ifpi.org/content/library/DMR2010.pdf). The online digital music download market currently consist of 400 legal music services engaged in providing 260 types of products which include music, videos, mastertones

Introduction - State of the Current Music Industry 3 The Music Streaming Industry 6 Porter’s 5 Forces Analysis 10 The Way forward for Deezer 10 References 12   Table of Figures Figure 1 Share of Industry Revenues (IFPI, 2015) 3 Figure 2 Global Digital revenues by Sector (IFPI, 2015) 4 Figure 3 Flow chart showing the change in the way music is distributed with the entrance of new actors such as streaming services (Oestricher & Kuzma, 2009) 6 Figure 4 digital Music industry Value Chain showing 7 Figure

Polyphonic HMI : Mixing Music and Math Entertainment Management Situation Analysis Issue Definition Environment Analysis Strategy Options & Choice Action Plan Situation Analysis Situation Analysis(External) So few songs actually become hits - Las Vegas gives you better odds than the Music Industry! You might as well just put a million dollars on red and spin the wheel... - Ric Wake, Independent Music Producer Entertainment Management : Polyphonic HMI : Mixing Music and Math 1