Future of the Music Industry

The music industry as we know it is in shambles and the way it currently operates is no longer viable or logical anymore. In the next ten years or less, the entire industry will operate under a totally different model and will be much better for the artists and the listeners. This new model is as follows, first there are no record labels music will be produced directly by the artists and their own crews although they may rent studio space for recording so the quality remains the equivolent with what is on the rest of the market. The music will then  be distributed over digital music stores only, no more CDs and records at the same prices as they are now and all tracks will be DRM free. But, since they don’t have to pay the record label more of the money will be given to the artists. The artists may also adopt the free download model, like Nine Inch Nails, or the donate what you think the albulm is worth model like RadioHead.  This would, I think provide more money to the artists because they don’t have to all that money to the record labels. I think this new model will be much more efficent than the current music industry and would make it more fair to listeners and artists.

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

 

Bad Behavior has blocked 153 access attempts in the last 7 days.