Thursday, October 7, 2010

Future of the Music Industry

This video describes how the music industry has turned to downloading and self publishing and how big time labels suffer from this. It states how the philosophy of the online world is "Everything is Free" and how content is distributed extremely fast once it is available. It mentions how large companies such as Sony are suffering due to this new philosophy developed by the online world. The main focus of the video states that performances are what is left to keep fans interested and is what will bring the market back up.





Source: http://www.youtube.com/watch?v=hmP64KjRims


Stephanie Macedo

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