Change in Music Industry

For years the medicine industry made its capital earlier through the creation of a corporal product -- offshoot the record and then the CD. But with the evolution of the digital age, the physical nature of music is fast becoming obsolete. Just at vinyl records find nostalgic value, soon CDs will be a novel relic of a bygone geological era. So is this the death of the music industry? Of course not. unison has been written, performed, and enjoyed for centuries. Music is part of culture. In many a(prenominal) ways music as a melody is thriving more than ever before. It is a period of fundamental castrate for this industry. Those who have a vested spargon-time activity in the current system of packaging and distribution (that is, the CD) argon hurting in a big way. Like many large businesses in a rapidly changing environment, they are stuck. They are the proverbial super tanker that cant channel course quickly enough to avert disaster. They are stuck out-of-pocket to their capital and intellectual investments.

So these big companies react to change like we often see in other industries on a lower floor going fundamental change. Rather than adapt, they attack the change. They try to hold corroborate the forces of change like the little Dutch male child with his finger in the dam trying to hold back the impending flood. How do they respond to the digital age of music? Do they shift their corporate strategy and change their business model to maintain their relevance and competitiveness? No. They sue 14 year old girls for downloading music. So how will money be made in the new digital era of music? If you want to get a full essay, post it on our website: Ordercustompaper.com

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