The Music Industry : An Artist Owned Company

The music industry is an oligopoly. Since the late 1800’s people like Thomas Edison have been buying up patents in communication technology, forming monopolies, leading to a non-competitive entertainment industry. With only a handful of corporations controlling all aspects of acquisition, distribution and marketing of music, harsh business principles create an exploitative industry that takes the best of what artists have to offer and leaves many of them unable to support themselves. Beginning in the 1950’s with payola and white cover music and ultimately evolving into iTunes and Spotify, the music industry has grown into a billion dollar industry with far-reaching influence and control. Contracts rarely serve the artists’ best interest and many are left out to dry when their usefulness has expired.

In her chapter For Love or Money, Taylor alludes to the on-demand media sharing industry advertising false promise. “Where they go wrong is in thinking that the Internet is an egalitarian, let alone revolutionary, platform for our self-expression and development,” Taylor explains. She is eager to draw attention to how the new wave of media sharing fails to be a better solution than old methods however, who 's to say that was the intended purpose of those who implemented these platforms to begin with? With music streaming being the easiest form of music access, the spectrum of artists reaching listeners has increased drastically. Music is now reaching listeners it would have otherwise never encountered. It is also important to recognize that artists did not gain a higher percentage of success

Ever since I was young, I have been watching tv shows like Burn Notice, Criminal Minds, NCIS, etc. It was always one of my interests. Ever since I started watching Criminal Minds, I have wanted to be a profiler. I want to because I enjoy the show, and I think it would be an interesting job. That is why I chose to do my I-Search paper on Criminal Behavior. My main question I want to focus on is “Why do criminals behave the way they do?”

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)

UNIVERSITY OF THE PEOPLE COMPUTER SCIENCE DEPARTMENT WRITTEN ASSIGNMENT UNIT 2 HIST 1421 - GREEK AND ROMAN CIVILIZATION INSTRUCTOR: CHRISTOPHER STEND Classical Greece's Influence on Contemporary Western Society and Culture Ancient Greece, particularly around the fifth and fourth centuries BCE, had a profound effect on modern Western civilization and culture. Ancient Greece's impact may be observed in many aspects of modern life, including philosophy, politics, art, and architecture. This article argues that classical Greece has had a significant effect on current Western culture, as seen by democratic forms of government, philosophical concepts, creative expressions, and architectural styles. Democratic Rule of Law

The Tidal article displays the rivalry between companies like Spotify and Apple music exposing 1 out of 5 of Porters Five Forces of Competition. Before Jay-Z purchased Tidal the company was started by Kjarten Slette and Thomas Walle hoping to be a part of the change in the evolution of how you receive music. The start-up company confessed the things they struggled with due to not being aware of the market they entered. Tidal received more attention than after the purchase from rap superstar Jay-Z. One of the first fails the former owners discussed was the brand’s name. The company strived to be comparable to Spotify with over 100 million users but the new company was only popular in the Asian, Europe, and Scandinavian markets. Slettle and Walle

The downloading activity can vary greatly from downloading songs from legal market, such as iTunes, to downloading more songs in illegal market, which promotes piracy. While the downloading activity may have replaced some of the values that are lost from the declining sale, majority of the revenue in music industry has evaporated. Unfortunately, this type of music consumption today generates very little to no value for the artist. Daniel Elk, a visionary guy from Sweden, realized this problem and hence, began to develop a model that could help in relieving the music industry. This is when Spotify was introduced to the market, a paid service that is legal and capable in helping artist by giving them the royalty they deserved.

This case study about the Spotify business model allows a broader vision of what the digital music industry is. In a short time, many companies have developed and managed marked their territory in a highly competitive industry. The start-up Spotify has undergone a remarkable evolution in a financial point of view but also in terms of its popularity. Its various competitive benefits regarding the market leader and its respect for music labels have enabled the company to be renowned and to have a reputation in the real business. Today, five years after its creation, Spotify is certainly criticized in some aspects of

Despite relevant findings, many individuals are under the impression that digital media services, such as digital downloading and streaming have a positive impact on the Music industry for reasons including music

In the midst of the United States’ “dot com bubble” (years 1997-2000), there was a surge in technology that brought about file sharing and digital downloads. Threatening the survival of the music industry and introducing a unique set of challenges for the industry to overcome. To remain relevant in the new global market of digital music online, the music industry would have to evolve and change with the introduction of each new facet technology had to offer. The introduction of digitally compressed music files, so easily attainable for a small fee or downloaded legally (pirated) for free, made the music industry reevaluate how to make a profit and protect copyrights. Social media created a visible opportunity for both consumers and artists to maintain digital relationships while providing a platform for consumers to follow and discover new musicians and bands, naturally, making the internet a promotional medium for artists. As the corner record shops closed to make way for virtual storefronts and instant downloads; the internet, digital downloading, and social media made an enormous impact on the music industry that has changed the way consumers purchase, source, listen to, and produce music today.

When wanting to listen to a song today, one no longer has to buy or download a physical copy. In today’s world, streaming has become one of the top ways of retrieving music content. This major change has led to a profound shift for the music industry and its artists. It has developed a continuous conflict that affects the way music is distributed and how artists make a living. Listeners stream music electronically through their computers, phones, cars, and more. Most of these streaming platforms allow for the content to be free, which directs to the question of whether music should be free or not. Streaming is a topic that has presented itself to be a valid issue on whether it ultimately hurts or helps artists and their careers. Streaming has both pros and cons, but in order to aim to figure a possible solution there needs to an examination of the history of the issue, a proper analysis of both sides, and evaluating its importance.

No one can deny that technology is actively changing the music industry. Production, distribution and sales of music have been affected dramatically within the last 10 years along with artists, composers, and technicians. Most of the changes have been great for consumers, but vastly negative for professionals in the music industry, however a few artists have found ways to adapt to the changing atmosphere of digitally downloaded music and use it to their advantage. We’ve seen music change form from physical, tangible products like records and CD’s to electronic single tracks stored in an invisible cloud. Two major factors in this sudden revolution are online music stores (specifically iTunes) and file sharing websites that allow music to be downloaded illegally.

The sonnet, originating in Italy, was formed by Francesco Petrarch. The Petrarchan sonnet, originally consisting of two quatrains and a couplet, was soon brought to England where William Shakespeare took an interest in this unknown form of poetry. Shakespeare revised the sonnet so it consisted of three quatrains with the rhyming scheme of “abab cdcd efef” and a rhyming couplet at the end. This revised sonnet was then referred to as a Shakespearean sonnet. Shakespeare wrote in total 154 sonnets originating in the early 1590’s, many of his sonnets were linked together. Sonnets 71-74 are linked by the subject of the speaker 's projected death and self pity, the

The "business side of music is struggling to generate enough revenue because of the new technology" ("How the Internet Changed Music."). "Most of the people who are part of making a record are paid in royalties, and anytime music changes hands without money being involved, those royalties can’t be paid—which is why so much has been done in recent years to try and reduce music piracy"("How The Internet Changed Music."). iTunes and Amazon has helped by offering cheap downloads for single songs, which allows the customer to only purchase songs they like rather than the entire album ("How the Internet Changed Music."). Spotify and Pandora, who offer either ad-based or paid subscription streaming of their music libraries, are Internet radio stations which have also helped with the piracy problem ("How The Internet Changed

In this article, Peterson and Berger show how the organization of the popular music industry affects the music that America hears.