Future Of The Music Industry

Essay specific features

 

Issue:

Music and Movies

 

Written by:

Angelita L

 

Date added:

June 15, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

2 / 345

 

Was viewed:

9371 times

 

Rating of current essay:

 
Essay content:

More telling is the fact that the increase in paid digital downloads is slowing from the unsustainable rates of the last couple of years (87% for the first quarter of 2006). While all this is happening, illegal downloading of songs and albums and the wholesale trading of files continues to skyrocket...
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It will soon be impossible to make a significant profit from the sales of recorded music. The brain trust that represents the recorded music industry has successfully lobbied the Copyright Royalty Board in the US to effectively strangle Internet Radio, the last hope for the marketing machine that once was the record label combine...
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