The music industry is a constantly evolving part of our culture. As music is such a large part of our lives it comes with an enormous industry to back it up. The further music and music culture progress the more issues we are bound to encounter. The issues and developments that are being faced with now are, for the most part, entirely different to the issues and developments being dealt with twenty years ago. In this essay, I plan to discuss the growing issues surrounding secondary ticketing, demonstrating a detailed understanding of ticket touting, its effects and the means in which to regulate it.
Discuss on the Issues of Secondary Ticketing, Ticket Touting and Its Effects
The Effect Of File Sharing Music On The Music Industry | Cram
Home Art Music Music Industry. Essays on Music Industry. Please enter something. I enrolled in the Introduction to Music class to get a full understanding of the different patterns of music.
Globalization in the Music industry
In the global recorded music industry had experienced a period of growth that had lasted for almost a quarter of a century. Approximately one billion records were sold worldwide in , and by the end of the century, the number of records sold was more than three times as high. At the end of the nineties, spirits among record label executives were high and few music industry executives at this time expected that a team of teenage Internet hackers, led by Shawn Fanning at the time a student at Northeastern University in Boston would ignite the turbulent process that eventually would undermine the foundations of the industry. Shawn Fanning created and launched a file sharing service called Napster that allowed users to download and share music without compensating the recognized rights holders. Napster was fairly quickly sued by the music industry establishment and was eventually forced to shut down the service.
The music industry has been affected negatively by the piracy of peer-to-peer websites. For that reason, it cost money to produce the music. Musicians have to pay for recording time, studio space and whoever is assisting you in creating the CD. All the while, fans were downloading the music for free. Due to people choosing these free methods, the majority of music consumption today creates little to no money for music artists.