Music Industry Essay

Introduction After studying the music industry for the past two years, I have been captivated by the intricacies and innovations that lead to success in the industry. Although I am not a musician myself, I have always had a love for music and a burning desire to pursue a career on the business side of the entertainment industry. I would love to witness the creative process of successful artists while managing their marketing and public relations behind the scenes. To continue to feed into my curiosity

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.

Music is an art, an expression, an industry, and most importantly a business. Davis Szatmary, author of “Rockin’ in Time,” states, “[r]ock-and-roll has always been a business” (2014, p. xvi). Music connects to my business major through its relations of marketing, management, and supply chain, or distribution. Without these key components bands, labels, and technology may have never grown to the heights its reached today. The biggest contender in music development, outside of its sound, is the way

internet in the music industry is having harmful consequences. But is this entirely true? Music has always been an important part of people 's lives, with the earliest forms of music being simply hitting rocks together to produce sounds. Over the years, music has developed into something more profound; a way of capturing the feelings and emotions of a composer or lyricist, which the listener can relate to and empathise with. However, since the introduction of the internet, music and access to it

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

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

entry barriers into the music industry. Myrthianos et al noted that the music industry has gone through ‘servitazation’ resulting in dramatic structural changes because of the rise of digital power (2016:182). Programs such as peer to peer file sharing and the internet, alongside the rise in social media, has significantly transformed the way the music industry conducts its operations. This essay will critically evaluate the impact digitalisation has had on the music industry. The argument has been

Digital Age in Music: How Advancements in Technology are Re-shaping the Industry Michael Martin Monmouth University Abstract 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

Every adult, over the age of 18, has seen the changes the music industry has gone through since the introduction of the internet, digital downloading, and online streaming. We have heard that Tapes, CDs, MP3s, and the internet were going to destroy the industry. Have they destroyed it yet? According to Ian Morris, Author of the article, "Technology is Destroying the Music Industry, Which is Great for the Next Taylor Swift", music is changing but the only thing the internet is destroying are the record

Introduction Spotify and Music Streaming Services Industry Background Audio streaming services are transforming the way music is consumed; from artist interaction to size and revenue potential. This change is inevitable, and could spell the end of physical music sales. They legally allow user access to millions of tracks from any online platform. The service is probably viewed as a revolutionized of music industry. According to recent report in April 2015 by The International Federation of the