Recording Arts Industry

The music industry is made of companies which produce and sell music. The music industry as we know it was solidified in the mid-twentieth century, where records succeeded sheet music as the primary product in the music business. Record companies were established, but did not last very long until the late 1980s when the “Big Six”, a group of multinational corporations consisting of Sony, MCA, WEA, Polygram, EMI, and BMG controlled most of the market. Initially there were five corporations (CBS and RCA (both now belonging to Sony), WEA, EMI, and Polygram) that had emerged in 1978 to own 60 per cent of the market. (Wallis and Malm, 1984, p. 81)

With the advances in technology and increase in internet broadband availability (The Broadband Commision, 2014), record labels are being forces to innovate and update their business models (M.Coz & Torres, 2013) to keep up with the latest technology (Solis, 2015). Of these technologies, the move away from physical sales (of music) to Digital sales is the most significant. Digital sales have increased over the last 6 years (as shown in Table 1) in terms of revenues, and this is set to carry on this way in the future (Solis, 2015).

The ever-changing landscape of music distribution, due to constant advancements in technology, is sometimes hard to keep up with for artist, producer, and consumer alike. New editions of textbooks in Music Business classes are issued each year, and changes are made in the industry before the semester is even over. Because of this, it is vital for the industry to not only not only be aware of what is currently going happening, but also be able to foresee the direction that the music business is heading in. In this aspect, it seems that we are at a turning point where consumers and artists are taking

Throughout history, there have been coalitions that have assisted in the creation of the legal regimes that have attempted to regulate sex, drugs and rock and roll. The regulation of drugs in this country is said by many to have begun in the year of 1971 when the 37th president of the United States, Richard Nixon, formally declared a war on drugs. However, the Harrison Narcotics Act was one of the first federal laws approved to regulate the use a number of drugs that were once available to purchase locally such as heroin and cocaine. Following the end of prohibition, the US Treasury department appointed Harry Anslinger as the first commissioner of the Federal Bureau of Narcotics. He sought out to imprison the users and addicts of the drugs

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

The music industry is very sensitive to changes in technology. Since the recording and playing back of audio was made possible in 1877 by Thomas Edison’s wax cylinder phonograph the industry has gone through numerous changes due to the evolution of technology. Multi-track recording was one of the earlier advancements in the music industry and is essential to all styles of music today. The digitization of music is one of the biggest changes in the music industry and has informed the direction of the music industry ever since. Finally, the shift to streaming as a business model has fundamentally changed the way in which users consume music. The music industry is often at the forefront of technology and artist’s are always pushing boundaries.

Music publishers are companies responsible for the development of new music and the business that comes with it (royalties), thus freeing songwriters and composers to focus their time and attention on their creative work. Publishers collect royalties and administer copyrights on behalf on an artist when their songs are used, including on the radio, on television, in a film score (synchronisation) or when another artist covers it. A publisher does this by getting administrative rights to the artists ' songs. Artists ' use copyright to protect their work from being used without their permission and to prevent another person from passing off their work as their own.

The notion of music consumption brought forth by Homer therefore builds upon Scale's comments upon the power relations dictating professional studios . This source, however, could have benefited from more qualitative data, such as the aforementioned pricings. In a similar manner, Richard Burgess' critical analysis of the music market entitled, Producer Compensation: Challenges And Options In The New Music Business reveals worrying decline through a multitude of statistical data . Burgess reveals the degradation of supply and demand within the music industry and the subsequent impacts this decline has upon the various fields within music. The focal points of interest will consequently be the impacts upon professional studios, however the effects within other areas will be considered as this is potentially due to a domino effect. This source is excellent due to the inclusion of ample qualitative data in the forms of statistical values. The saturation of data does disrupt the flow of the arguments, however this is the only point of

With the internet taking over, the music market is now moving from what was once blockbuster albums which sustains widespread popularities and achieve enormous sales, to single hits streamed online with fifteen days of fame. Getting on top of the Billboard chart was usually used to define whether is a music group successful, but while still relevant, it has also been argued with a new era of online based sales, distribution, marketing and brand making outlets, all which reach out to a different kind of target that requires their unique marketing strategies, which we should take into account when we try to define the success in the music industry nowadays.

For the past decades the music industry has changed a lot. The old music business module, where the artist hands over his music to the record label and through the record label the artists’ music is sold on a high street to consumers, is not as efficient and profitable as it used to be.

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

Throughout the course of history there have been many technological advances that have made a tremendous impact on human culture and the way our society functions. Inventions like the automobile, television, and the internet have all contributed to improve the quality of living as we know it. One major contribution to media and our culture was the development and rise of sound recording. Since it’s inception sound recording has evolved and adapted to fit our ever growing need for media. Thanks to this reason it remains heavily integrated into our culture. As sound recording developed, it pushed music, one of the oldest forms of media into a constant cycle of rebirth. As popular forms of music and its’ artists begin to heavily influence our

Over the past decade, the use of CDs has been replaced with online streaming and retailing. This has eliminated much of the record companies revenues as they were used to making most of their profit off of distribution and promotion of physical copies of artists albums (Niemen). This has caused for a major shift and remodeling of major players in the music industries business models. Companies such Sony, Warner Music Group and Universal Music Group have started to completely rethink the way they conduct business (Forbes). In the past record labels were not only responsible for production, distribution and promotion of an artist and his/her music, but they also acted as a bank (Forbes), funding the artists tours and recording sessions. Recently, these music giants have been moving towards becoming more of a modular network organization. What this means is that they are less occupied with the nitty gritty, and more focused on what they do best which is distribution and promotion. This also allows for more freedom of creativity for the artist as well as fairer split of profits (Forbes). This adaption of new business models clearly shows the versatility of the music industry in adapting to new times and technologies.

The advancements of technology have impacted the recording studios more dramatically than any other career within the music industry. Thus the necessity to adapt to these changes is vital for any individual working in this field. However, these advancements have also made the technology of professional recording studios more accessible and subsequently caused the rise of home recording studios. The advancements of technology have impacted the recording studios more dramatically than any other career within the music industry. Thus the necessity to adapt to these changes is vital for any individual working in this field. However, these advancements have also made the technology of professional recording studios more accessible and