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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.
smallest
The recording industry is comprised of businesses that exist for the purpose of ________
increasing owner equity.
The recording industry shares attributes with the ______industries in that it_______
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).
The earliest experimental devices originated in _______
the U.S. and France.
The first recordings were _____ and _____
acoustical, and required no electricity.
Acoustical recordings
1857 and 1923.
Phonograph (Thomas Edison, foil cylinder later replaced with wax)
Graphophone (Bell labs, wax cylinder)
Edison’s Standard Phonograph
wax cylinder
Each recording was an original; the cylinders could not be duplicated.
Emile Berliner
developed the first acoustical device for duplicable recordings in 1887.
developed gramophone & Victrola
Gramophone
emile berliner
etched groves in spinning zinc disks that later could be pressed on a soft medium (like making a waffle).
Victrola
Emile Berliner
a wind-up record player.
Impact of the Gramophone and Victrola
By 1912 the cylinder was obsolete.
dance-music craze around WW2 helped record sales soar.
1914: $ 27M
1919: $107M
1924-1929
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.
1930s
Record sales dropped
1930: $46M
1933: $6M
The jukebox craze helped record sales increase to about $28M by 1939.
1940s
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.
1950s trends that effected the recording industry
high birth rate (1946-1964)
decreasing median age
post WWII economic boom (1946-1973)
Improvements in technology in 1950s
audio tape after WWII
hi-fidelity recordings in ‘54
stereo recordings in ‘58
Ramifications for the recording industry:
record companies increased from 6 to almost 2,000.
payola
-“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.
The 1960s
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.
The 1970s
records were pressed on vinyl plastic, a petroleum product
The recording industry slumped as family size shrank.
Digital recording began in 1978.
The 1980s
Music videos and MTV gave the industry a boost.
Consumer hardware and software for digital playback (CDs) emerged.
The 1990s
return to oligopoly
sales of CDs peaked in 1999 after the emergence of
portable MP3 players
Four principal divisions
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%,
Most musicians make more money _____than selling downloads and CDs.
touring
______stores have been the most adversely affected by disintermediation as recording companies increasingly sell songs directly to consumers online
Traditional brick-and-mortar retail record
In 2009, four companies share ____of the market for recorded music.
85%
Of roughly 27,000 new recordings released each year, about_____ percent become profitable.
10%
The sale of prerecorded CDs peaked in _____, just before peer-to-peer file swapping became popular in _____
1999
2000
Sales of _____ CDs exceeded the sale of ______ CDs in 2002.
blank
prerecorded
audience
-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
BI
Before Internet
The recording industry has been the ____ effected by the music industry
most
How berliner was right and wrong
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
Berry Gordy
discovered smokey robinson
opened motown records
jackson 5, stevie wonder, diana ross, marvin gaay
"the sound of young america"
the beatles have
more gold albums-47- than any other group in recording sound history
Morbid Rock
1960's
teen angel, last kiss
RIAA
Recording industry association of america
target by mail
$3000-4000
Reasons why people don't find downloading music ethically wrong
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
dvd album
warner
music tracks, ring tones, album art, videos, photos, & digital tracks
japanese firm had cd made from ____
corn
rack jobbers
service the tape and cd raks in large department stores
one stops
purchase records from record companies and resell them to retail stores... small independent stores or jukeboxes
6 main outlets for music distribution
direct retail, rack jobbers, one stops, direct consumer sales, online sales, direct downloads
iTunes home page spots
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
4 top recording companies
universal music group- motown, geffen
warner music-atlantic, warner bros
song BMG-arista, epic, jive
EMI- virgin, capitol, blue note