Thursday, October 2, 2008

The Music Industry Must Change

Rocking or Reeling? Record Labels Adapt to a World of Online Music

http://www.cnn.com/2008/TECH/09/22/music.future/index.html

As everyone is aware the music industry is stuck in a place where they are being forced to change, even though many record labels refuse to do so. Music is starting to go more and more into the digital world, and in turn CD sales are dropping like crazy. iTunes was thought to be the solution to this problem, but still many record labels are apprehensive. Now MySpace is coming out with something call MySpace Music, this will create a place for big record labels to gain a bigger face in the online music industry but also will give them a chance to gain online advertising income. This is not going to solve the problems that the music industry is facing but it is definitely a step in the right direction. Some big people in the major record labels say that this file sharing music idea is a phase and will fissile out; I believe that they need to open their eyes and see that everything is going digital. If they do not accept this they are going to be left behind. Once this starts to take hold and gets under way people are going to be able to download music anytime anywhere. Music is already a big staple in our society, it can define who we are and can holding feelings that will never disappear. Once the music industry has become truly digital this will be even truer and even more prevalent in our society.

1 comment:

Masha Misco said...

I agree. Not only the digital format more portable and reliable, you are not stuck with paying for/owning a whole album on CD even if you only like 1 song. I wonder if the musicians will soon release only singles?