Topic > The Business Side of the Music Industry - 1374

The music industry has changed in more ways than we could imagine. At first we started with artists just selling singles, then it turned into people buying albums, and then on iTunes we started selling songs for pennies. In 2005, Pandora was launched on the Internet and later a mobile app was created. Most of the artist's music can be found on YouTube. Free downloads have also influenced this industry. The music industry has found many ways to allow fans to listen to the music they love. Internet streaming radios like Pandora have to pay the artist for copyright reasons. The music industry has undergone two significant changes in the 21st century: physical albums have declined but streaming music has increased, even though artists get little to nothing in return. How did the music industry start spreading music to people? In the beginning it all started with the phonograph which came out in 1877 and was made mostly from tinfoil. Then came the first jukebox which was placed in the Palais Royale Saloon in 1889 in San Francisco. A few years later, in 1890, the radio was introduced, which is still present today mainly in cars. Single-tape cassettes were introduced in 1962, two years later, in 1964, the 8-track tape arrived. By 1975 the boom box/ghetto blaster had its day and played a major role in films like Do The Right Thing and Say Anything. In 1978 the Sony Walkman sold more than two hundred and twenty million worldwide. The British Kane Kramer invented the digital audio player known as the MP3 player in 1979. Compact discs (CDs) finally came out in 1982 and “The first album ever released on CD was Billy Joel's 52nd Street. The first to sell a million copies was Brothers In Arms by Dire Straits. Below is the CD where: DAB Radio, So...... middle of paper...... Theguardian.com. Guardian News and Media, 10 October 2012. Web. 26 February 2014. Luckerson, Victor. “Business and Money.” Business revenues increase Piracy decreases The music industry has finally turned the corner Comments. Tempo, 28 February 2013. Web. 20 February 2014. .Majerol, Ueronica. "How the Web Changed Music Forever." New York Times Advance 145.11 (2013):21. Complete MasterFILE, Web 24 February 2014Sisario, Ben and Zoe Keating. “As music streaming grows, royalties slow to a trickle.” Business Day Media and Advertising. Np, 28 January 2013. Web. 15 February. 2014. .