How digital music has changed the industry
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How digital music has changed the industry
I will be analyzing how iTunes has changed and affected the music industry and artists.
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iTunes at 10: How Apple's music store has transformed the industry

iTunes at 10: How Apple's music store has transformed the industry | How digital music has changed the industry | Scoop.it
When Apple launched its iTunes music store a decade ago amid the ashes of Napster, the music industry — reeling from the effects of online piracy — was anxious to see how the new music service would shake out.
Anthony Bradley's insight:

With the creation of iTunes the digital media content has been dominated by Apple's music store. iTunes is now the largest music retailer, also dominating the video market and has expandded to books and magazines. iTunes is a worldwide store available in 119 countries.

Pros:

- First legal online music retailer that fights against piracy.

- Music is easy to access worldwide.

- It is easy to navigate through the store and your collection of music or library. 

- Labels get paid faster.
Cons:

- Revenue is decreased with the possibility of downloading one song without the need of buying the entire album. 

- The extinction of big cd retailing stores. 

- Album art work disappeared.

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Three ways iTunes, and its 10 billion in sales, changed music industry

Three ways iTunes, and its 10 billion in sales, changed music industry | How digital music has changed the industry | Scoop.it
As of Wednesday, Apple's iTunes has sold 10 billion individual songs. Here are three ways it has revolutionized the music industry, for better or for worse.
Anthony Bradley's insight:

The key to apples success with iTunes came with the idea of the iPod by being able to store big amounts of digital music on one device. This article refers to three big factors that made iTunes change the music industry. First, the possibility to download a single without the need to purchase the entire album. Second, the rise of portable music made the iPod more popular. Lastly, the death of hard copy cd sales. 

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JT's Smart Gamble

JT's Smart Gamble | How digital music has changed the industry | Scoop.it
Apple's iTunes music store turned 10 last month, marking a rocky decade in the music industry as digital downloads shouldered out physical album sales.
Anthony Bradley's insight:

iTunes has now been around for more than 10 years. Statistics show that people are buying a lot more digital cds than before but the sales of hard CD albums has permanently decreased. The music industry's revenue has started to increase again but could be affected with streming services which are becoming more popular. 

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How iTunes changed the music industry | Toronto Star

How iTunes changed the music industry | Toronto Star | How digital music has changed the industry | Scoop.it
Online store helped pull the business out of a tailspin, but has changed the face of albums, singles, and hits.
Anthony Bradley's insight:

iTunes has provided music lovers easy access to music worldwide. “It’s probably the greatest invention that happened in the music industry in 30 years,” said Eric Alper. According to this article, 90% of revenue streams are coming from the digital space and iTunes. 

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How iTunes changed music, and the world

How iTunes changed music, and the world | How digital music has changed the industry | Scoop.it
On April 28, 2003, Apple threw open the virtual doors to its iTunes Store, and music -- all digital media, really -- hasn't been the same since.
Anthony Bradley's insight:

With the creation of iTunes, people had more access to any particular song for them to download and not necessarily have to buy the entire album. By 2010 iTunes became the biggest music retailer in the world. These numbers are being affected by streaming services such as Pandora and Spotify.

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Seven Ways iTunes Changed the Music Industry

Seven Ways iTunes Changed the Music Industry | How digital music has changed the industry | Scoop.it
In less than 10 years, iTunes has become so embedded in people’s everyday lives that it has all but disappeared into the overall fabric of our digi
Anthony Bradley's insight:

Steve Jobs completely changed the music industry with the creation of iTunes. iTunes was the first online store that fought against piracy, had an appealing look which attracted many buyers and by making the standard price of a song be 99 cents, which people were willingly able to afford. 

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