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Death of an Industry
Title: Death of an Industry
Category: Arts & Humanities / Music
Details: Words: 880 | Pages: 3.7 (approximately 235 words/page)
Death of an Industry
In recent years online music swapping and “pirating” of music as become more mainstream and many millions of people all over North America do it daily using programs such as Napster. The Music industry is going to have to change its current business modal, or it may not survive for much longer.
Music piracy on the internet has been around for many years, with people trading their songs online through programs such as IRC (internet …showed first 75 words of 880 total…
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…showed last 75 words of 880 total…of this shift in the revenue mix, artists will have a closer relationship with their customers, and regain artistic control from the music labels, which will, by the way, see their revenues shrivel as their role as distributors and promoters becomes far less significant. The artists, in other words, will have greater independence and keep more of every dollar they generate. Now let me ask Metallica and Dr. Dre: Is that such a bad thing?
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