the furture of music business

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Issue:

Business

 

Written by:

Georgene S

 

Date added:

December 31, 2014

 

Level:

 

Grade:

A

 

No of pages / words:

2 / 433

 

Was viewed:

2335 times

 

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Essay content:

This practice allows artists to generate income, even if they are at a lower level of exposure. This capability could drastically change the mode in which money is circulated within the industry. Knab and Day (2004) state: In today's popular music environment there are more records being released every year than ever before...
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The cost of recording and manufacturing over the last two decades has decreased dramatically, so there is more music being recorded and competing for the attention of a consumer than ever before. Major record labels are taking an enormous financial hit due to the artists recording, producing, and digitally distributing the records themselves...
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