Plagiarism

The digital age has brought innumerable benefits to society throughout the past decade. Many new markets have been created, and routes for innovation have opened, but not all industries have flourished as a result of this era. Music piracy, which is the illegal act of obtaining or distributing sound recordings without the owner’s permission, is theorized to be the ultimate downfall of the music industry. CD sales have plummeted and caused the music moguls to panic, but their worriedness might be narrow sighted. Through speculative research, it can be surmised that the act of piracy can positively influence a musician’s career, allow for new opportunities and niches in the market, and have little side effects to anyone else in the business.

In recent decades, the music industry as a whole has undergone transformative change. From the introduction of the compact disc, to the rise of iTunes and digital downloads, to the current emergence of streaming services, the way that artists produce music and deliver it to consumers has been radically altered in the past 20 years. As record labels’ stranglehold on the talent search and product distribution side of the music industry subsides, streaming services such as Spotify and Soundcloud have become the preeminent distributors of new music. Their emergence has had a negative financial impact on the artists that drive an industry that has for years been one of America’s largest. Services like Spotify and Soundcloud are erasing the role of record labels in the distribution process, assuming that role themselves while paying small royalty fees to artists and labels for the right to stream to large subscriber bases that typically make use of free memberships. Due to the small number of paid subscribers accessing these services, industry revenue has dropped below $7 billion per year for the first time since record keeping began in 1973 (Seidenberg/Podgers). However, record labels are beginning to reach agreements with these services, ensuring that the labels themselves will continue to profit, and leaving the musician to suffer. And while these services do offer outlets and avenues for new artists to be discovered, the

However, there are issues that are preventing labels and artists to reach their full potential in the music industry. There has been an increase in illegal downloads, meaning people do not have to pay for the song they want to hear. There are websites such as YouTube to Mp3 converter where people can take the music from YouTube and put it on their phones, computers and/or music devices free of charge. This is causing both artists and major labels to lose money. In today’s society people listen

With the tech-revolution going on, the music-industry is reinventing itself in terms of how to become successful. At the same time there are thousands of struggling independent recording artists - all working

The music industry has dramatically changed over the past years. What used to be a lucrative industry in which musicians and recording labels relied on each other to create and distribute successful music has seen much change throughout their business model. Beginning in 2005, with various new ways musicians can create and distribute their music evolving the Universal Music Group record label were at the forefront in their endeavor to capitalize on these new means. Already dealing with numerous changes within the music industry throughout the years, this digital movement gave recording labels yet another challenge to attempt to overcome.

There aren’t many industries that are as changing as the music business. The different tools and devices with which we spend our music are an important part of this. New technology ousts the old, and the motivation to create the next new thing. People are the driving force for change and some of the greatest or worst technological advancements have been found by accident and others have been made by ideas. The last twenty years, the music industry has experienced a drastic change. New leaps in technology have evolved almost every part of the industry, from the artist to the label to the publisher. Similar to other media industries, music has been forced to change with the times, which has resulted in a much different circumstance for the industry

In a past decade, the music industry is facing a major problem, which is reflecting in diminishing revenues of artists and music companies. As described by Danny Upshaw and Laurie Babin in their research, in 2009 International Federation of the Phonographic Industry (IFPI) estimated that 95% of songs downloaded online were unlawful act (14).

The majority of released recordings (approximately 85%)，cannot even balance revenues and expenditures. In addition, 15% profitable recordings are relied on greatly by the recording companies, who use them to subsidise less profitable types of music to cover the costs of developing new artists, and to keep their businesses operational, while downloaders often do not focus on that. Finally, the most direct victims are the creative artists which include musicians, singers, songwriters and producers, for the royalties and fees have not been earned by themselves. Virtually about 95% of artists rely on these fees to make a living and their reputations which are discredited by the inferior quality of pirated copies spreaded to the public.

A thief can be defined in many different ways. The American Heritage Dictionary of the English Language states a thief is one whom commits theft. So one might ask, what exactly is theft? Theft is defined as ‘the felonious taking and removing of personal property with intent to deprive the rightful owner of it (The American Heritage Dictionary of the English Language).” Now most people who participate in music piracy do not consider themselves thieves. The definition of a theft is flawed in many ways. Most of the time people do not contain on factor of being a thief, this factor is depriving the rightful owner of the property stolen.

claims it has a money crisis. (McArdle 1)   I think  perhaps it is  really a  marketing and

In fact, digital music has been a major contributor to the music industry’s revenue increase since its recent emergence. Subscriptions to online music services and online radios, such as Pandora and Spotify, have also assisted in raising the industry’s overall profits by over $200 million during the past 5 years (Degusta). Nonetheless, despite the overall transition to digital format, physical music sales still account for a substantial proportion of industry revenues in major markets. Physical formats account for more than half of all global revenues, while digital formats now account for 39% of total industry global revenues and a majority of revenues in 3 of the world’s top 10 markets (Smirke).

In his article about the music distribution model, Oliver Small describes a paradox that has emerged in the music industry within the last ten years: “consumers are listening to music more than ever, yet profits from the sale of recorded music continue to decline” (42). The 2000s in the music industry was a rough time for labels and artists economically due to the various online file sharing and streaming services that have become available to the public. Now that consumers are able to hold thousands of songs in the palm of their hands using iPhones, iPods, and other portable MP3 players, the desire for access to music has increased tremendously.

Millions of Dollars are spent in the music industry everyday. Thousands of songs are being played everyday in different parts of the world whether be on your phone, computer, TV, or radio. Behind every song there is a lot of money, work and a marketing strategy. Strategies that have changed throughout time because of the increasing advances in technology.

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 creation. 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. 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 a way they couldn’t before, and on

The "business" of music has a deep and dense history, music itself began as a means of communicating emotions from pleasure to pain and everything in between, the "business" of music became a money making proposition. The average person may believe that an artist’s success is defined by hearing their music on the radio or when they perform to a big stadium audience. An artist’s measure of success, however, is more likely that moment at which they sign a record deal. Before the most recent technological advancements, a record deal was the single factor thought about as having the power to potentially skyrocket an unknown artist 's career into the next level. As a result of the digital age, record labels’ utilization has shifted. We (of this generation) are well aware that digital media also has the power to launch a career. For example, Adele was discovered on Myspace at 18 years old in 2008 and currently has the highest one-week sales of an album in music history (Lansky, 2016). If a "career" is launched because of social medial followers, the path to monetization usually starts with the very exciting step of an artist signing with a record label. This technological revolution has given birth to the second-generation record label called "indie" (independent) labels adding a new additional component to the previous and only option of the major label.