The Music Industry


During a previous lesson, in class I learnt about how the music industry has changed in the last 10 years for the better or the worse. I focused on the Production, the Distribution and the Exchanged and how they have been developed for the need of the audience. 


Production (the process of making music and recording it to a sufficient standard so that it can be sold): 

Distribution (how the music gets to people and how they know about it):

Analogue transitions to Digital

Exchange (what changes hands between the people who own the music, and it’s audience in reward for the chance to listen to it):

Current Trends:

In the article called: "Music is thriving, but the business is dying. Who can make it pay again?"

It reported on that in 2010, major record labels were in serious financial threat because sales in the UK went down by 7% and nearly 10% in the United States, the worlds largest music market. SONY and Warner Music Group reported that their pre-Christmas sales went down by 10% and 14%. Downloads on MP3 formats has shown that 67% of people in the UK are downloading illegally. Over 1.2 billion illegals downloads were done in the UK alone. Sites like Google+ and Itunes are combating these issues as they become more popular by the public to access music by legally downloading them.