Impact of New Media in Music Industry Essay

1396 Words Oct 16th, 2012 6 Pages
Impact of New Media in Music Industry
Introduction
In the recent years, there have been changes in the structure of the Music industry and the paths that have been used for creating, promoting and distributing music. Most of these changes resulted from the advancements in technology, which affected both economic and technological structures of the industry. The digitization of music and its migration on to the Internet has been one of the biggest challenges to the traditional music industry. Ever since the invention of recorded music itself over a century ago, and together with the rise of illegal file sharing, it smashes the familiar hierarchies and materiality of musical production at practically every level. Today a growing number of
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A large number of web sites were able to offer MP3 files for downloading at little or no cost. The MP3 invention offered near CD quality sound and files could be downloaded at a very fast rate. The creation of Napster is another major product innovation in the music industry. Napster enabled users to locate and share media files from one convenient, easy-to-use interface. Napster offered a wide variety of songs and also provided services to the customers such as instant messaging, chat rooms, host lists, and bookmarks.
Not only for just downloading music online, the well-known “You Tube” space & I Tunes are also considered as the major driving forces of change in the music industry. Random people have videoed themselves showing their singing or talents related to music and everyone gets to see it. If they get popularity, they will starts to promote themselves and request viewers to purchase their music in I Tunes. This may lead to some misconception between them and the artists.
Due to piracy of copyrighted works and the lack of royalties paid to artists, many lawsuits have been filed. However, many are still using MP3 file downloading and I Tunes as an advantage for consuming music in a free, cheaper and faster way, despite it being an illegal file sharing system.
Ethical Issues
Many legal and ethical issues are raised with the entry of the Internet into

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