Tag: The Music Industry

Information Wants To Be Free- Based on Andrew Zolli’s Newsweek Article “The Future Won’t Be Free”

08/28/2011

Andrew Zolli starts the article out by talking about how information wants to be free and that companies that released their content for free (in the early days of the internet) pretty much cannibalized their own sales and trained people to not pay for their content. According to Digital Media Wire Daily, Zolli’s statement is … More Information Wants To Be Free- Based on Andrew Zolli’s Newsweek Article “The Future Won’t Be Free”

Comparing The Music Industry With The Automotive & Business Intelligence Industries

08/28/2011

The recorded music industry is currently in the decline phase of its life cycle. Sales in 2008 were approximately $9 million, down 7.7% from the previous year. Sales of recorded music are expected to decrease by 5% in 2009. In recent years, the music industry has faced many challenges from a variety of independent sources. … More Comparing The Music Industry With The Automotive & Business Intelligence Industries

An Overview of The Recorded Music Industry- Market Structure, Major Players & Technological Changes

08/28/2011

The Recorded Music Industry 1.) Description of the Industry The recorded music industry creates, manufactures, and distributes music. The products that this industry primarily creates and distributes are CDs, digital music (MP3s), and Vinyl LPs. Throughout the past 10 years, the recorded music industry has changed drastically. Illegal downloading has run rampant, physical sales have … More An Overview of The Recorded Music Industry- Market Structure, Major Players & Technological Changes

The DMCA (Digital Millenium Copyright Act)- An Overview and Case Study

08/28/2011

The Role of the DMCA The DMCA’s role is to protect copyright and intellectual property holders and ensure that they get paid for their works. It sets forth rules and consequences for those who circumvent DRM and illegally obtain copyrighted material. The purpose of the DMCA is to ensure that copyright holders get paid for … More The DMCA (Digital Millenium Copyright Act)- An Overview and Case Study

Price Discrimination & Vertical Integration in the Entertainment Industry

08/28/2011

Price Discrimination In The Music Industry A clear example of price discrimination in the entertainment industry is iTunes’ tiered pricing. Since the launch of iTunes in 2003 all downloads were priced at 99 cents. The tracks purchased were all DRM protected. In early 2009, Apple introduced a 3-tiered pricing system. Although the majority of the … More Price Discrimination & Vertical Integration in the Entertainment Industry

Changes In Consumers’ Entertainment Expenditures

08/28/2011

Income Spent on Entertainment Americans spend roughly 5% of their income on entertainment. Americans spend approximately $160/month on entertainment, spending mostly on TV and internet access subscriptions. According to the MPAA, the amount of hours individuals spend on media consumption is increasing in the filmed entertainment sector and is declining in other entertainment sectors. Most … More Changes In Consumers’ Entertainment Expenditures

A Review of Jay-Z’s “Unplugged” Album

08/28/2011

Album Title: “Unplugged” Album Artist: Jay-Z Label: Roc-a-Fella Release Date: 12/18/01 A running debate amongst music aficionados is whether studio albums are better than live albums. In 1976, when Peter Frampton released “Frampton Comes Alive,” (the first commercially successful live album), he demonstrated the substantial demand for that kind of album. Since 1976, countless live … More A Review of Jay-Z’s “Unplugged” Album

The Purpose of Music Criticism In Society

08/28/2011

The Purpose of Music Criticism in Society Music critics have existed, professionally and recreationally,  for hundreds of years . Since music criticism, as a profession, has existed, the public has been informed about happenings in the music world. The purpose of music critics is to educate and inform the general public about music (whether in … More The Purpose of Music Criticism In Society