The Internet's Effect on the Music Industry

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The Internet's Effect on the Music Industry

What changes did the internet start?

Is it still a profitable business to be in or is stealing music on the rise?

How can the artists still make a living?

What has happened to record label companys?

The Internet's Impacts... 

The internet has had a massive impact on the workings and revenue of the music industry. It has forced the industry to change and adapt - changes that have both positive and negative effects. .

What the music industry now is finding, is that people are going to the WWW instead of buying records! The internet made piracy easier through the sharing of files and downloading. Overall music sales have continued their decease.

The internet has been benficial to the music industry in some ways. It has created online radio, creating new customer advantages and creating some company disadvantages. New artists have been found, and it has made the entire world, a smaller place. Lilly Allen being one such artist who, upon realising her record label was not doing enough to market her, took to MySpace and suddenly found herself propelled to stardom

Until the internet came along, record label companys controlled whether an aritst would make it or not in the music world. They dictated the rules, wrote the contracts, chose the artists, fixed the prices.The Internet changed all of that, it created a medium for artists to get their music out directly to the world and to build up fans.

While artists still make a living from the sale of music albums, their main source of income these days is through concerts, promotions (interviews on TV, magazines and endoresments), and merchandise.

Artists are continually finding new ways to become more intimate with their audiences online, one of the current biggest sites currently being Twitter, where fans can keep up and talk to the artists in real-time.

The internet may have slightly closed some doors in the music industry, but ultimately it has opened many more. It is still a new phenomenon and there is alot more to learn!

Interesting YouTube Video 

ABC interviews Domenic Carosa on the changing Music industry

ABC News Hour interviews Domenic Carosa on the changing Music Industry The internet is changing the way we buy and listen to music... Domenic Carosa shares about his insights into the changing music industry on ABC's News Hour.

Runtime: 467
236 views
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curated content from YouTube

All About The Internet 

Category: File - :Internet map 1024.jpg|thumb|300px|Visualization of the various routes through a portion of the Internet

The Internet is a global system of interconnected computer networks that use the standard Internet Protocol Suite (TCP/IP) to serve billions of users worldwide. It is a network of networks that consists of millions of private and public, academic, business, and government networks of local to global scope that are linked by a broad array of electronic and optical networking technologies. The Internet carries a vast array of information resources and services, most notably the inter-linked hypertext documents of the World Wide Web (WWW) and the infrastructure to support electronic mail.

Most traditional communications media, such as telephone and television services, are reshaped or redefined using the technologies of the Internet, giving rise to services such as Voice over Internet Protocol (VoIP) and IPTV. Newspaper publishing has been reshaped into Web sites, blogging, and web feeds. The Internet has enabled or accelerated the creation of new forms of human interactions through instant messaging, Internet forums, and social networking sites.

The origins of the Internet reach back to the 1960s when the United States funded research projects of its military agencies to build robust, fault-tolerant and distributed computer networks. This research and a period of civilian funding of a new U.S. backbone by the National Science Foundation spawned worldwide participation in the development of new networking technologies and led to the commercialization of an international network in the mid 1990s, and resulted in the following popularization of countless applications in virtually every aspect of modern human life. As of 2009, an estimated quarter of Earth's population uses the services of the Internet.

The Internet has no centralized governance in either technological implementation or policies for access and usage; each constituent network sets its own standards. Only the overreaching definitions of the two principal name spaces in the Internet, the Internet Protocol address space and the Domain Name System, are directed by a maintainer organization, the Internet Corporation for Assigned Names and Numbers (ICANN). The technical underpinning and standardization of the core protocols (IPv4 and IPv6) is an activity of the Internet Engineering Task Force (IETF), a non-profit organization of loosely-affiliated international participants that anyone may associate with by contributing technical expertise.

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