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45 Cards in this Set
- Front
- Back
Recording is the_____ media industry in terms of the size of its work force.
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smallest
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The recording industry is comprised of businesses that exist for the purpose of ________
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increasing owner equity.
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The recording industry shares attributes with the ______industries in that it_______
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book publishing and motion picture lacks product continuity.
rely on marketing and promotional efforts to produce hits (e.g., hit recordings, best-seller books, blockbuster movies). |
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The earliest experimental devices originated in _______
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the U.S. and France.
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The first recordings were _____ and _____
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acoustical, and required no electricity.
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Acoustical recordings
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1857 and 1923.
Phonograph (Thomas Edison, foil cylinder later replaced with wax) Graphophone (Bell labs, wax cylinder) |
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Edison’s Standard Phonograph
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wax cylinder
Each recording was an original; the cylinders could not be duplicated. |
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Emile Berliner
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developed the first acoustical device for duplicable recordings in 1887.
developed gramophone & Victrola |
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Gramophone
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emile berliner
etched groves in spinning zinc disks that later could be pressed on a soft medium (like making a waffle). |
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Victrola
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Emile Berliner
a wind-up record player. |
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Impact of the Gramophone and Victrola
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By 1912 the cylinder was obsolete.
dance-music craze around WW2 helped record sales soar. 1914: $ 27M 1919: $107M |
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1924-1929
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Consumers preferred live music on radio to “canned” music on record.
Displacement by radio continued after 1925, the year better-sounding electrical analogue recordings (using microphones rather than horns) began to replace acoustical recordings. |
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1930s
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Record sales dropped
1930: $46M 1933: $6M The jukebox craze helped record sales increase to about $28M by 1939. |
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1940s
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Union musicians refused to make recordings for about two years for fear that recordings would limit their jobs
The recording industry developed a symbiotic relationship with radio broadcasters by sending copies of records to radio stations free of charge. |
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1950s trends that effected the recording industry
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high birth rate (1946-1964)
decreasing median age post WWII economic boom (1946-1973) |
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Improvements in technology in 1950s
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audio tape after WWII
hi-fidelity recordings in ‘54 stereo recordings in ‘58 |
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Ramifications for the recording industry:
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record companies increased from 6 to almost 2,000.
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payola
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-“pay” and “Victrola”
-Prior to 1960, financial incentives to disc jockeys in return for airplay were largely undisclosed. -A federal probe in late 1959 resulted in legislation proscribing payola. |
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The 1960s
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Early: clean up image of rock ‘n’ roll after payola and artist scandals.
Middle: British invasion,cassette tape Late: embraced counterculture while making money via the status quo. |
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The 1970s
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records were pressed on vinyl plastic, a petroleum product
The recording industry slumped as family size shrank. Digital recording began in 1978. |
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The 1980s
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Music videos and MTV gave the industry a boost.
Consumer hardware and software for digital playback (CDs) emerged. |
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The 1990s
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return to oligopoly
sales of CDs peaked in 1999 after the emergence of portable MP3 players |
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Four principal divisions
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1. Talent- demos, a&r scouts
2. Promotion-recordings&talent, publicity and reps 3. Distribution-iTunes largest online music seller. Mass marketers dominate CD sales. Wal-Mart largest music seller 4. Retail-revenues from music sales continue to slide, dropped 11%, |
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Most musicians make more money _____than selling downloads and CDs.
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touring
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______stores have been the most adversely affected by disintermediation as recording companies increasingly sell songs directly to consumers online
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Traditional brick-and-mortar retail record
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In 2009, four companies share ____of the market for recorded music.
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85%
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Of roughly 27,000 new recordings released each year, about_____ percent become profitable.
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10%
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The sale of prerecorded CDs peaked in _____, just before peer-to-peer file swapping became popular in _____
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1999
2000 |
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Sales of _____ CDs exceeded the sale of ______ CDs in 2002.
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blank
prerecorded |
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audience
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-90% of American households have the hardware to play a CD or download a song.
-By 2006, 30 demographic was 55% of sales or prerecorded CDs -Sales to those age 19 and younger dropped to 21% by 2006. -Even split between men and women consumers |
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BI
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Before Internet
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The recording industry has been the ____ effected by the music industry
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most
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How berliner was right and wrong
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Right- Predicted prominent singers and performers would collect royalties from the sale of his disks
Wrong- He though that musicians who were unable to appear at concerts would be replaced by disks |
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Berry Gordy
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discovered smokey robinson
opened motown records jackson 5, stevie wonder, diana ross, marvin gaay "the sound of young america" |
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the beatles have
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more gold albums-47- than any other group in recording sound history
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Morbid Rock
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1960's
teen angel, last kiss |
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RIAA
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Recording industry association of america
target by mail $3000-4000 |
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Reasons why people don't find downloading music ethically wrong
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1. they are overcharged for cds
2. the internet should be free 3. they wouldn't buy the cd so they aren't ripping anyone off really |
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dvd album
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warner
music tracks, ring tones, album art, videos, photos, & digital tracks |
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japanese firm had cd made from ____
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corn
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rack jobbers
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service the tape and cd raks in large department stores
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one stops
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purchase records from record companies and resell them to retail stores... small independent stores or jukeboxes
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6 main outlets for music distribution
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direct retail, rack jobbers, one stops, direct consumer sales, online sales, direct downloads
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iTunes home page spots
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Splashes- boxes that advertise a new album, movie, or apple product that change every few seconds
Swooshes- 8 albums tied together click through arrows bricks- 6 static slots showcases for playlists or tv shows |
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4 top recording companies
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universal music group- motown, geffen
warner music-atlantic, warner bros song BMG-arista, epic, jive EMI- virgin, capitol, blue note |