Music Industry Sources for your Essay

Impact of New Technologies and Globalization on the Music Industry


Of the many types and forms of global music distribution, online music is forecasted to grow at a 31% compound annual growth rate (CAGR), increasing from $5.9B in 2010 TO $7.7B in 2015 (Apple Investor Relations, 2012)

Impact of New Technologies and Globalization on the Music Industry


The pervasive influence of the Internet, mobile and streaming technologies, and the shift from CD-based music to digital and online music also signals how quickly the global value chain of the music industry is changing today. Of these many disruptive innovations, the most significant is the shift from individual record labels and their relatively un-integrated approach to delivering digital music to the pervasive platforms that include Apple iTunes (Hopkins, 2011)

Impact of New Technologies and Globalization on the Music Industry


These constraints will be assessed and analyzed throughout this report. The Impact of Technology on Online-Based Business Models & Globalization The most powerful catalyst that is revolutionizing the music industry today is the series of disruptive innovations in business models and the global value chain brought about by the convergence of Internet-based technologies, digital content encryption and more advanced forms of Digital Rights Management (Apple Investor Relations, 2012) (Lee, Jaimie, Kim, Kim, Moon, 2011)

Impact of New Technologies and Globalization on the Music Industry


Example of this type of business model are those early legal file sharing services that are often defined by their specific definition of security to the IP address level (Preston, Rogers, 2011). The second type of service is based on the Apple iTunes business model, which has served as the catalyst of Microsoft, Nokia and many other attempting to imitate the success of the most successful ecosystem in music today (Apple Investor Relations, 2012) (Pikas, Pikas, Lymburner, 2011)

Impact of New Technologies and Globalization on the Music Industry


Contributing to these exceptional levels of growth are the impacts of globalization, technologies that are making online digital music sharing highly price effective and reliable, and greater clarity in the area of copyright and licensing. The global impact of piracy and free source software is also having a very significant impact on the global profitability of the music industry (Preston, Rogers, 2011)

Impact of New Technologies and Globalization on the Music Industry


This model has been designed to also support a much faster level of adoption and transition away from the more inflexible CD and tape format to support digital music that can be quickly transferred from one licensed device to another. Nowhere else in the music industry however has the shift of pricing elasticity and its ramifications been so immediate and impactful than in the context of the subscription model in general and the Apple iTunes ecosystems specifically (Spotts, 2010)

Sony Corporation the Recorded Music Industry Is


The company is home to some of the top labels in the industry including: Columbia, Epic, Jive, J records, LaFace, Sony Classical, and RCA. They have a diverse group of artists under contract, from Britney Spears to Yo-Yo Ma (Wardrip)

Downloading Music the Music Industry


However, in spite of the fact that sharing copyrighted music and DVD's via the Internet is clearly illegal, many people find ways to rationalize doing exactly that. The industry has played an unintended role in that behavior by encrypting their data to the point that people cannot fast-forward through a DVD or skip previews of coming movies that have already been viewed (Barlas, 2003)

Downloading Music the Music Industry


Although we think of this as a United States problem, these illegal exchanges of digital files occur all over the world: in Brazil, the use of sites like Kaaza to download music, especially for MP3 use, is very common (Author not available, 2003). Other uses of copyrighted music in unencrypted form lends itself to humorous uses, such as "mash-ups," where someone takes the vocal track from one song and combines it with the instrumental track of another (Johnson, 2005), in the process violating both copyrights but producing a unique file that may interesting, odd or even bizarre The recording industry would rather end the abuse than prosecute people and have offered amnesty to anyone who will sign a declaration promising to not violate copyrights in the future

Piracy/Copyright Protection the Music Industry


Piracy refers to illegal file sharing, downloading and counterfeiting using the internet. On the other hand, music piracy refers to copying, obtaining and distributing music illegally (Condry, 2004)

Piracy/Copyright Protection the Music Industry


These hard goods pirates sell the illegally duplicated DVDs and CDs in music stores and through the internet, at auctions and websites. They take advantage of counterfeiting because packaging, composition and description of the product replicate that of the legally sold original product (Easley, Michael & Devaraj, 2003)

Piracy/Copyright Protection the Music Industry


This leads to loss of valuable documents and results in a financial burden to the owner of the computer, of purchasing a new computer. Therefore, illegal music downloading costs the consumer more than the legal purchasing costs (LaRose & Kim, 2007)

Piracy/Copyright Protection the Music Industry


However, with increasing economic hard times, many consumers are resorting to acquiring this music illegally, without paying for it. Acquiring of someone's creations illegally is a crime, which is punishable by law (Wallace, 2012)

Latin American Music Industry the Music Industry


) turned to nontraditional (especially black and Latin) popular music when ASCAP (American Society of Composers, Authors, and Publishers) banned its mainstream popular music radio broadcasts in the early 1940s. (Manuel, 1991) These developments contributed to the rise of smaller, independent firms that were able to service the demand for specialized markets in a more creative, responsive, and energetic way

Latin American Music Industry the Music Industry


Thus, although the "salsa" label was commercial in inspiration, it can be seen as legitimate insofar as it denoted music that had acquired a new social significance and operated in a milieu substantially distinct from that of its Caribbean parent. Salsa's lyrics, like those of its predecessors, the Cuban son and rumba, frequently dealt with local neighborhood events; (Agudelo, 1987) but now the neighborhood was East Harlem rather than, for example, Havana's Guanabacoa suburb

Latin American Music Industry the Music Industry


Thus, the development of salsa can be seen as an ongoing dialectic between the Latino community's attempt to shape salsa as its own sub-cultural expression The demography of New York City's Hispanic population started changing in the mid-1970s, when the numerical dominance of Puerto Ricans was challenged by the increased influx of Dominicans, Central Americans, Colombians, Mexicans, and others. By 1985 these groups outnumbered Puerto Ricans, many of whom were themselves assimilating to Anglo culture (Bagdikian, 1985) As a result of the continuing rise in Latino population in the major cities, the 'majors' -- especially RCA/Ariola, CBS, A&M, and EMI -- energetically entered the Latin music industry in 1980

Latin American Music Industry the Music Industry


4% drop in market value. (Cobo, 2003) If the local governments do not take steps in the near future to corral the pirated music industry, the results could be complete collapse of the music industy in these countries

Latin American Music Industry the Music Industry


9% in value over the first 6 months of 2003. (Masson, 2003) The multitude of individual consumers who can download and burn their own music is affecting the entire music industry

Communication Theories the Music Industry


Aside from comprising a major revenue stream, the concert business is also important for artists' career development. As Hall and Blau observe, "Concerts generate and maintain the audience for popular music" (33) (Black, Fox & Kochanowski, 2007, p

Communication Theories the Music Industry


I hope that this work will serve as an effective guide for development in this aspect of the business in the future as it becomes more and more competitive and adaptive to future change. (Dunn, 1999, p