Intellectual Property
It is important to note, from the onset, that revenues for the U.S. recorded music industry have more than halved since the late 1990s (Figure 1.0). In essence, what has often been blamed for the falling revenues is the online music revolution (Mezei, 2018). It is instructive to note that in recent times, streaming services have seen their paid subscriptions go up significantly, with 2016 having been a particularly good year for the said services. These include, but they are not limited to, Tidal, Apple Music, as well as Spotify. Thanks to such growth in streaming services, quite a number of players have in… Continue Reading...
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Indie Music
What makes indie music special in the music industry is the fact that it is produced outside the studio system. Indie artists rise up out of obscurity through their own grit and determination, their own ability to publicize themselves and gain traction, their own talent and genius, and their own development of a fan base. Unlike the many artists today who are groomed from childhood—their fans brought to them via a range of media conglomerates with overlapping boards of directorates, their music written for them by ghost writers, their look developed for them by stylists, their persona… Continue Reading...
The TPA (Tin Pan Alley) music industry originally referred to West 28th Street in Manhattan in 1885 when music publishers established their shop there. The name comes from the sound the pianos made -- a percussive sound like tin pans banging together. Eventually, the whole of New York City music publishing (including publishers and songwriters who produced popular music that was heard around the country) was characterized under the TPA umbrella. Some of the music published was known as "Race Music" -- code for music by blacks. Vaudeville stage actors used Tin Pan Alley music… Continue Reading...
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The revolution of the publishing industry, according to McKinney (2012), closely mirrors that of the music industry. Indeed, the music industry posits as a valuable innovation paradigm for the publishing industry. The delivery of music in compact disks (CDs) is virtually becoming a thing of the past. With internet and powerful mobile devices, consumers now desire to listen to their music whenever and wherever they want. Digital formats fulfil this need. Therefore, businesses must continually challenge the existing industry rules and assumptions. They must consider how to change their offerings in the face of technological advancements and other industry shifts as well as the evolving… Continue Reading...
