The History Of The Music Industry

3363 Words Apr 6th, 2015 14 Pages
The history of the music industry is inevitably also the story of the development of technology. From the player piano to the vinyl disc, from reel-to-reel tape to the cassette, from the CD to the digital download, these formats and devices changed not only the way music was consumed, but the very way artists created it. (Edgar Bronfman, jr). The music industry is an ever changing and ever growing business, it adapts and changes with culture, economy and technology. For some it is a way of expression and offers realise from mundane reality, for others it is a money making machine there to be abused. But what is the future of the music industry? What place does it have in a digital world, ever growing and advancing? How has file sharing and piracy changed the music industry and what will it hold for the future business model? Many enthusiasts say we should embrace the revolution of digital and look to the future as an exciting adventure, with untold possibilities for recording artists and musicians alike. That the birth of digital and technology such as the compact disk offer new ways to create, record and distribute music in a way that was not available in a not so distant past, accessed only by those in control of major record labels and professional recording studios. But what is file sharing? what were the significant changes that have shaped an industry into being dominated by the digital download and illegal file sharing? The purpose of the study is to analyse the key…
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