Comparing The Music Industry With The Automotive & Business Intelligence Industries

The recorded music industry is currently in the decline phase of its life cycle. Sales in 2008 were approximately $9 million, down 7.7% from the previous year. Sales of recorded music are expected to decrease by 5% in 2009. In Read More …

The Shift From The Industrial Information Economy to The Networked Information Economy

Information Economics In an industrial information economy select groups of people control the distribution of information. All information in an industrial information economy is distributed through media outlets and costs companies and individuals exorbitant amounts of money (to obtain coverage). Read More …

An Overview of The Recorded Music Industry- Market Structure, Major Players & Technological Changes

The Recorded Music Industry 1.) Description of the Industry The recorded music industry creates, manufactures, and distributes music. The products that this industry primarily creates and distributes are CDs, digital music (MP3s), and Vinyl LPs. Throughout the past 10 years, Read More …

The DMCA (Digital Millenium Copyright Act)- An Overview and Case Study

The Role of the DMCA The DMCA’s role is to protect copyright and intellectual property holders and ensure that they get paid for their works. It sets forth rules and consequences for those who circumvent DRM and illegally obtain copyrighted Read More …

Price Discrimination & Vertical Integration in the Entertainment Industry

Price Discrimination In The Music Industry A clear example of price discrimination in the entertainment industry is iTunes’ tiered pricing. Since the launch of iTunes in 2003 all downloads were priced at 99 cents. The tracks purchased were all DRM Read More …

Changes In Consumers’ Entertainment Expenditures

Income Spent on Entertainment Americans spend roughly 5% of their income on entertainment. Americans spend approximately $160/month on entertainment, spending mostly on TV and internet access subscriptions. According to the MPAA, the amount of hours individuals spend on media consumption Read More …

A Review of Jay-Z’s “Unplugged” Album

Album Title: “Unplugged” Album Artist: Jay-Z Label: Roc-a-Fella Release Date: 12/18/01 A running debate amongst music aficionados is whether studio albums are better than live albums. In 1976, when Peter Frampton released “Frampton Comes Alive,” (the first commercially successful live Read More …

The Purpose of Music Criticism In Society

The Purpose of Music Criticism in Society Music critics have existed, professionally and recreationally,  for hundreds of years . Since music criticism, as a profession, has existed, the public has been informed about happenings in the music world. The purpose Read More …

What YOU Need To Know About U.S. Copyright Law

Chapter One – A Copyright Overview Copyrights are only one form of intellectual property protection; other types are patents, trademarks, and trade secrets A copyright is a type of legal protection provided by each state in the U.S. and also Read More …