The music industry in an age of digital distribution

Wikstrom, Patrik (2014) The music industry in an age of digital distribution. In Castells, Manuel, Gelemter, David, Vazquez, Juan, & Morozov, Evgeni (Eds.) Change : 19 Key Essays on How the Internet is Changing Our Lives. Turner Madrid, Madrid, pp. 1-24.

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Abstract

In 1999 the global recorded music industry had experienced a period of growth that had lasted for almost a quarter of a century. Approximately one billion records were sold worldwide in 1974, and by the end of the century, the number of records sold was more than three times as high.

At the end of the nineties, spirits among record label executives were high and few music industry executives at this time expected that a team of teenage Internet hackers, led by Shawn Fanning (at the time a student at Northeastern University in Boston) would ignite the turbulent process that eventually would undermine the foundations of the industry.

Impact and interest:

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ID Code: 69794
Item Type: Book Chapter
Additional URLs:
Keywords: Music Industry, Business Models, Digitization
ISBN: 9788415832454
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > BUSINESS AND MANAGEMENT (150300) > Innovation and Technology Management (150307)
Australian and New Zealand Standard Research Classification > STUDIES IN CREATIVE ARTS AND WRITING (190000) > PERFORMING ARTS AND CREATIVE WRITING (190400) > Music Performance (190407)
Australian and New Zealand Standard Research Classification > LANGUAGES COMMUNICATION AND CULTURE (200000) > COMMUNICATION AND MEDIA STUDIES (200100) > Communication Technology and Digital Media Studies (200102)
Divisions: Current > Research Centres > ARC Centre of Excellence for Creative Industries and Innovation
Current > QUT Faculties and Divisions > Creative Industries Faculty
Current > Schools > School of Media, Entertainment & Creative Arts
Copyright Owner: Copyright 2013 Turner Madrid
Deposited On: 03 Apr 2014 22:03
Last Modified: 05 Dec 2015 16:04

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