Impact of the Internet on Live Music

Impact of the meshing on watch harmonyAnta H. E. L. GEORGHIOUThe Internet has killed live symphony and caused fiscal problems for practice of medicineians. Discuss.Society is confronted to a fast changing technological environment, especially with the Internet. some claim that live euphony is on the decline, and that melody labor and unisonians persist from fiscal problems. We will be discussing the negative, but also the positive aspects that has the Internet on live music and on the music industry.Firstly, it is a cognise fact that in comparison to the early(prenominal), CDs sales are declining, and this is mostly re supportable to the apparition of young media and to nefarious music streaming and downloads online.1 Despite this, online fill also has advantages many consumers, especially the younger population, use the Internet as a sort to discover new music, although it is mostly done illegally. This discovery can be turned into revenue with legal streaming wo rk. 2The younger generation does not go in shops to find music any longer the Internet is a more practical way to discover new artists, while staying at home. Services, such as Spotify, have been made visible(prenominal) to stream music legally uncaring versions are run thank to advertisements, and consumers can pay to not have them.3 Consumers tend to download music in order to sample it, and if they like it, they may purchase it,4 and peradventure even go to concerts later on. This is also positive for live music it is an effective advertisement in a way.Some debates were recently sacking on about Periscope, a mobile application that allows you to watch sight live-streaming all over the world. It is said to have a negative doctor on live music since great deal were live-streaming concerts for example. On the one hand, it is true, for people watching the performances are not paying, and people are streaming it without owning the rights to do so.5 On the other hand, it can be a good way to make other people discover an artist, especially since it is available to regulate worldwide, including places where there may not be concert opportunities.From a financial point of prognosis, illegal resources online do impact the industry and artists. However, new ship canal are found to improve these issues as much as possible.A successful example is Japan in order for their disc industry to keep on selling, they developed an effective strategy albums and singles get by with unique features, special songs or additional satiate and bonuses. This strategy is on the job(p) well because fans are ready to pay to get this additional content from their favourite artists.6The music industry in all its aspects has changed over the past years due to the Internet and the digitization of music. Nowadays, consumers want idle feeler to music. It became an expectation and piracy is considered normal. Subscription models are today more and more used, allowing the consume rs to pay in order to access a music library.7 Streaming services ensure revenue to artists, labels, etc. Artists themselves can also release free songs through these in exchange of consumers loyalty. These services also prove to be useful for the evaluation of trends and popularity of songs.The Internet also offers opportunities for artists that other media dont provide. Artists can now interact with their fans on social media a lot of them do so -, and make their own advertisement directly to their fanbase.To conclude, despite having made illegal copying and downloading much easier, new technologies also offer new opportunities for the music industry.ReferencesAndersen, B. and Frenz, M. (2010). Dont blame the P2P file-sharers the impact of free music downloads on the purchase of music CDs in Canada. 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Available at http//www.nytimes.com/2009/07/20/technology/internet/20stream.html?emc=eta1pagewanted=al.Sciencedirect.com. (2017). Is the music industry stuck between rock and a hard place? The social function of the Internet and three poss ible scenarios. online Available at http//www.sciencedirect.com/science/ term/pii/S0969698910001256.The Guardian. (2017). Meerkat and Periscope are fun apps but watch the sting in the tail. online Available at https//www.theguardian.com/media-network/2015/mar/31/meerkat-periscope-live-streaming-copyright-brands.Us Weekly. (2017). Adele Calls Out strike out for Filming Her Concert Enjoy It in Real Life. online Available at http//www.usmagazine.com/celebrity-news/news/adele-calls-out-fan-for-filming-her-concert-enjoy-it-in-real-life-w208223.1 Peitz, M. and Waelbroeck, P. (2004). The Effect of Internet Piracy on CD Sales Cross-Section Evidence. CESifo Working Paper Series, (1122).2 Andersen, B. and Frenz, M. (2010). Dont blame the P2P file-sharers the impact of free music downloads on the purchase of music CDs in Canada. Journal of Evolutionary Economics, 20(5), pp.715-740.3 Pfanner, E. (2017). Music Industry Lures Casual Pirates to Legal Sites. online Nytimes.com. Available at http/ /www.nytimes.com/2009/07/20/technology/internet/20stream.html?emc=eta1pagewanted=al Accessed 25 Mar. 2017.4 Gopal, R., Bhattacharjee, S. and Sanders, G. (2006). Do Artists Benefit from Online Music Sharing?. The Journal of Business, 79(3), pp.1503-1533.5 The Guardian. (2017). Meerkat and Periscope are fun apps but beware the sting in the tail. online Available at https//www.theguardian.com/media-network/2015/mar/31/meerkat-periscope-live-streaming-copyright-brands Accessed 25 Mar. 2017.6 Miller, K. (2017). Japan overwhelmingly favors CDs to digital music. online Japan Today. Available at https//www.japantoday.com/category/entertainment/view/japan-overwhelmingly-favors-cds-to-digital-music Accessed 25 Mar. 2017.7 Fox, M. (2004). E-commerce Business Models for the Music Industry. Popular Music and Society, 27(2), pp.201-220.