Today’s music industry looks much different than the music industry of 20 years ago. There are a lot of reasons, most of them due to digital technology.
Free music web sites, such as mp3.com and download.com offers digital media that are interactive because people want music that they can burn to CDs, share and use as they please.
People want their music in easier consume formats. MP3s are easier still since you can put thousands of songs on a relatively small and portable iPod or mp3 player.
The current state of music industry
If you look at how people are getting their music these days, you will realize that record companies are battling over for the people who pay for music and consequently, get a tiny share of the music market.
It is clear that convenience wins over fidelity in music industry. (more info here)
Plenty of artists (U2, R.E.M, Radiohead) have streamed their albums before release. A current example is Portishead, an English band that released their new album on a music streaming service Last.fm from 21 April, a week before it goes on sale. It is free to listen to the tracks online, but users have to pay to download the tunes to the computer.
The idea here is that the artistic creation — the album — pays for itself by functioning as a medium for other business, such as fans rewarding them by buying tickets to shows and merchandise. What is the benefit for musicians on web sites such as last.fm? The service is funded through on-screen banner advertising. Artists get paid each time a track is played.
Natalia
7 comments:
I agree with you, when we download a new album or a song we don't even ask ourselves if we are affecting the music industry, but we surely pay for it when we go to a concert,specially here because tickets are really expensive, so I think that is the balance, on what we pay and our free download for music.
Uhm... it's a very interesting Topic. Most of us download music and, sometimes, we are affecting the music industry. nevertheless, the most affected is not the Musician, but the records company; musicians earns money in a show.
In my opinion, records companies will have to change their resources, bearing in mind the current and future technology.
It`s true, but to buy music on CD it`s very expensive in Chile and it`s the principal reason why people prefer to download music instead to buy it on conventional way.
I agree with your opinion. Nowadays technology makes our life easier so we don´t have to use CDs or a radio because MP3s have replaced them and download music is easier and cheaper than CDs.
I agree with this....besides, the music industry wants the easy way....the way they invented.
Well I think that is a great idea that artist are able to shows their creations by a streaming service and that the users have the choice to pay for it. Also the streaming service can show publicity and so there are more ganances to the artists and the prices can be cheaper to the users.
By this way, more people can have access to great music and also don`t damage the music industry
Like Nietzsche says: "Without music, life would be a mistake"
I always have a song stuck in my head so I prefer to listen my own mp3s tracklist while I walk.
There's no need to buy an entire cd album since you may only like one song, besides it will take centuries to biodegrade the solid waste.
I said :"The future is downloadable".
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