Sunday, August 30, 2015

The Evolution of Music Consumption and its Effect on the Industry

Vinyl records are before my time but I do remember the days of listening to cassette tapes and trying to record music from the radio; now I can listen to whatever I want from phone for free (for the next three months). Before the emergence of the Internet being able to listen to music at home are in the car via cassette or CD were the choices as I was growing up. Music was more exclusive than it is now. The advancement of technology has allowed for music to be downloaded and shared easily causing major losses to the music industry.
Now there are more streaming services that cut down on pirating because all music is accessible for a small fee but the artist are the ones that are losing the most because of this change. CDs are now a thing of the past and one day so will the MP3; the music industry will have to continue to find a way to adjust and the artist as well. The industry began to recover after more restrictions and laws were put in place for pirating music, the streaming services may aid in decreasing pirating but the artist is still losing money. Expectations have changed for consumers in the digital age. Everything is available in a click on a button or a few taps on a screen. Music can now be enjoyed anywhere and it is more convenient to carry now more than ever.

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