Summary: The Decline Of The Music Industry

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Music has been a common, popular and enjoyable entertainment for all ever since it was invented. With the discovery of music has led to an automatic invention of the music industry, which is comprised of people creating, selling and producing music. The music industry has been generally successful, but as time passed, the music industry has had to cope with the changes technology has brought since the introduction of the internet. The establishment of world wide web was the start of the music industry’s decline. With increased technology, there has also been an increase of file-sharing which impacts the music industry by affecting revenue and amount of music being published for consumer use.
As advanced technology is increasing throughout the
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This has caused people to no longer use the conventional ways of paying for published music and to instead, find music online and illegally download it to their electronic device for personal use. One of the biggest contributing factors to illegal downloading is technology and “technological change has sharply reduced the effective degree of protection that copyright affords” (Waldfogel 92). As a result, technology has been very convenient for many people including consumers of music who do not wish to pay for the full price of music, but piracy weakens copyright for published music and in turn causing a complication among workers and musicians in the music industry. Change in technology, such as the …show more content…
Producers shift away from genres of music that is constantly retrieved illegally and targets an audience with less of this problem. A difficulty the music industry has is that there is no accurate way to measure an artist’s success or amount of piracy(because it is illegal). This complication prevents producers from being easily invested in creating music and “its consequence for consumers depends on whether the supply of valuable new music dries up” (Waldfogel 92). Music producers do not want to produce since the public can post free music online, the only vital step is ensuring the song’s popularity. This process allows more creativity to flow online but less professional music to enter the market for money.An increase in the amount of music uploaded online for free has caused the music industry’s producers less likely to produce professional

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