for the future, or at least musicians and producers don’t want to. The music industry was uncomfortable with change because change caused a “lost touch with consumers, and [the industry] got comfortable riding a pricey cash cow--the compact disc”(Kot 1). This lack of enthusiasm for change has caused a loss of money because the industry is stuck in a phase of technology that allows musicians and producers to profit. Technology is decreasing the amount of money artists make and advanced technology has helped society as a whole, but makes work difficult for artists and producers. Technology is causing decreased enforcement of copyright which affects the music industry because producers only create revenue when consumers purchase directly from the source. There are other ways musicians can earn money besides selling compact discs, such as performing live shows or having fans donate money online. The reason musicians rely more on live shows and other forms of earning pay is because most people do not buy compact discs anymore. In this modern age, “internet affected both demand and costs in important ways” on of which being the demand and costs of music starting to decrease (Waldfogel 94). The record industry can no longer rely heavily on compact discs because with internet, the willingness to pay for music has decreased. This has affected the musicians by decreasing their pay and causing harder work to earn money for a career they love doing. Increased technology has been the…
suitable and comfortable for us to listen to. Back in the day people would have to carry boom boxes over their shoulders to hear their favorite songs. Now we have the privilege to have it in the palms of our hands. It started with American inventor Thomas Edison who was the first person to invent a device to record and play music on. It was made by him in 1877 and he called it the phonograph. The sound quality was really bad and each recording lasted for only one play .Cylinder…
contemporary means of music distribution, and identify which is currently the most profitable and widely used, and why they are used and the effect they have on the music industry. This information will then be used to predict which method of distribution will survive the test of time, and potentially be the means of distribution that could still be in use 15 years from now. This essay will explore the profitability and popularity of three different platforms: vinyl records, digital downloads,…
The music industry is a multi billion dollar industry that affects all of us. Music is different for everyone, some people are addicted to it while others could care less if there's music playing or not. But over the past decade the music industry has seen seen some of the lowest revenue since the 1950’s. So in this essay I will explain why this is happening, and how the music industry is changing. Music has been around for hundreds of years and music has always been popular and throughout…
Music, through its various forms, will never cease to vanish. From cassettes, to records, to mix tapes, to records, to cds, and to today’s digital downloads, music has evolved in the way that we obtain it. No matter how many decades and centuries have past, people still continue to collect even the oldest forms of music and visit places like record shops. Through the age of digital media, record stores continue to live and people still collect vinyls instead of downloading music online.…
As technology changed over the years so did the way music was brought to the “consumers”. One of the most significant changes to how people listened to music came in the early 1980s and was a part of the formula that led to the second life of Aerosmith, MTV. MTV brought the music and music videos to the worlds living rooms. It became one of the fastest-growing cable channels in history when its subscriptions exploded from 2.5 million to over 17 million within two years (Larson 280). It raised…
Over the year, the continuing decline of CD sales along with the rapid growth of music downloads signals a new era in music. In the same way they started selling CDs in 1982 to replace vinyl records because they were too big, and CDs were more portable. Now people start to download music online, and they stop buying and using CDs. Although, some people think that buy CDs help to artist or the music listening experience is more enjoyable, but equally they buy music for internet and do use CDs for…
Prisoners with good behavior should have the privilege to use MP3 players, this will benefit both the inmate and the facility. Prisoners with good behavior should be allowed to listen to music to calm them down. Sometimes prisoners get frustrated and get in fights and when they get stopped by the guards, their enragement increases because they can't take out the anger they have. Music can help people calm down, so having an MP3 player will help them calm down and avoid violent situations. …
Introduction to vinyl What do you hear when you hear to word vinyl? Do you think of those old records that would play music on a spinning platform with a needle; well you're wrong. Vinyl is just a fancy word for sticker, but it’s not a sticker. Unlike stickers vinyl will stick to a surface for a very long time if you take care of it. Also a sticker is made out of paper with a sticky adhesive and can be remove. Removing a stick involves a lot more work that vinyl. You have to peel it off but now…
The MP3 business is taking off under the leadership of Kirsten Vander Hart, Cassie Morris, and Makayla Ashbaugh. Twisting Tunes took a deep dive but has been steadily increasing, showing great promise. • Performance o Twisting Tunes came off with a rough start. We sat at the bottom of the pack during the first quarter when our stock price was $16.79 when most people were at mid-thirties. We determined the issue was that we did not purchase the proper amount of materials causing us to lose a lot…