Tuesday, 3 March 2009

Music Industry-Overview

Production

  • Advances in technology
  • No reliance on record company
  • Music expertise not needed
  • Loop based software, evident in manufactured pop artists.
  • Cost no longer an issue, prosumer software.

Distribution

  • Internet is primary median, use of Web 2.0
  • Distribution can be free and also largely illegal
  • Illegal filesharing sites such as 'Limewire'
  • Making physical formats obsolete
  • Difficult to track and monitor.
  • Industry forced to think of new ways of marketting
    in keeping with interactive nature of distribution.

Consumption

  • Follows trend of using new media technologies, eg. YouTube
  • Linked to image through visual media
  • Saturated and diluted experience of accessing music
  • Has music been devalued?

Brief Industry Time Line

1980- Compact Discs first introduced
1988- CD's suppass vinyl in sales
1997- MP3 firsts introduced
1999- Naptser launches first peer-to-peer software, massive legal battles
2000- Broadband first launches in U.K
2001- Apple iPod first launches
2005- Cheap and accessable music. 3.5M units sold by apple a month

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