While digital streaming revenue growth continues to offset the decline in digital album and track sales, the music industry still has th
Via Bruno Crolot
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Brandon Weaver's curator insight,
December 2, 2015 5:02 PM
When car companies are removing cd players from vehicles and computer companies are removing cd drives from its products it is only natural that people will have to move to a new format.
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Zack Donovan's curator insight,
January 17, 2014 6:53 PM
I think people should buy more CDs than MP3s. I also think too many people download music for free.
Honorable Daniel Adjei's curator insight,
December 10, 2013 9:11 PM
What will happen if YouTube starts charging $10.00 a months for users to experience an advertisement-free streaming? Eliot Van Buskirk, the writer for this article suggest that "by the end of the year, YouTube, will unveil a paid subscription music service to compete with spotify and other streaming outlets." I was not sure if what I was reading in the article was right, so I did a little research. According Richard Greenfield, a media analyst at BTIG Research, "there are people who would pay above and beyond [if YouTube start charging]. Even though I currently doubt this being true, I do not see YouTube competing with online streaming site like pandora, nor spotify. This is because I do not see the average consumer subscribing to a paid version of YouTube while there is still an unpaid version available. Looking at the current minimum wage ($7.50), users will be loosing $120 a year. Most of the users of YouTube are young adult which will not be able to afford it. However, if this happens then record company will "reap bigger royalties on YouTube" and that will be another step up history of the music industry.
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kendalllanemusic@gmail.com's curator insight,
January 26, 2021 6:00 PM
Digital music downloads are at an all time high because of the pandemic. why do you think?
Tony Miranda's curator insight,
October 11, 2013 9:36 PM
"Streaming is the Future of the Music Industry"- Nick Mason of Pink Floyd
desi d's curator insight,
December 11, 2013 4:53 PM
This article is mainly talking about how social medias such as Youtube and Spotify are the reasons people are becoming famous these days. It talks about how the music industry as a whole aren't getting artist famous but how social medias are. The pros are: its easier to get your music heard just by uploading a video to a social medias. A great example of this is how Soulja Boy got famous from youtube just by a video of his dancing and rapping. The con of having social medias is you never really know who is viewing your music or videos. When you upload a video you could have views, but you never know who those viewers are or if they're in the music industry already.
Cameron Hunter's curator insight,
January 18, 2014 1:59 PM
With the video game industry constantly evolving, the demand for music composers will rise, which will provide a new stream of revenue for music producers. ![]()
josh's curator insight,
March 11, 2014 12:41 PM
It is really neat that video game composers are being recognized.
Franklin Van Sant's curator insight,
March 13, 2014 9:26 AM
With the industry expanding so rapidly, it will open the field open to many different ideas. With new ideas it gives the chance for even more people to look into and try their hand at the industry leading to new ideas. All around this is great for the industry
Alexandria Kristian Marisa Jordan's curator insight,
January 18, 2014 11:14 AM
This article shows more of the business side of the subscription services and the use of math to prove the pros and cons to see if the service a sustainable business model. Pro:The use of math to prove the thesis Con: the arguement that this may not be the right formula used to solve the equation. |
N!kki's curator insight,
July 22, 2014 10:12 AM
music industry breaking new ground and diversifying. We see the internet going beyond a platform for sharing, obtaining music and information but as a place where budding entrepreneurs can hone their skills.
Gabriel Alejandro Del Valle's curator insight,
January 16, 2014 2:28 PM
In the article their talking about how Google is planning to downgrade some piracy sites allowing users to download music. Some artist are against this and thats why the music industry is not so convience with Googles ideas.
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Gage Wright's curator insight,
December 6, 2015 7:36 PM
This website offered some interesting information on streaming music. However, it is now almost 2 years old since it was published the statistics and numbers provided are outdated. I think we need to find a happy medium between consumer convenience and demand and keeping music more personal and physical.
Trevor Gosnell's curator insight,
December 17, 2019 2:12 AM
My opinion- The music industry isn't the world we dreamed of, sounds harder than people would imagine. You want to do what you enjoy, but you also want to make money while doing it. You see all these artists living well off and it makes you wonder how much work they're really putting into it. But like it said in a previous article that I read, you may not make money streaming but the concerts and shows is where you would make more in one night than you would 5 years streaming.
I think this is a credible source because the writer of this article, Taylor Hatmaker, is an author at ReadWrite. She explains in detail, with a graph, what artist really make and what percentages of the money made from the music goes to who.
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Zack Donovan's curator insight,
January 17, 2014 7:18 PM
In may 2012 more people download free music than people in may 2013 they download less music. |
I choose this article because it gives you a pretty good idea about how much revenue streaming services has generated as well as statistics that confirm there is a decline in physical album sales.