...of the Internet on the Music Industry: Downloadable Music VS. Records Table of Contents * Introduction 3 * Music Label Industry Analysis 5 * EMI Group Unlimited Business Description 7 * Record Label Business Model 8 * Record Label History 10 * Record Label SWOT Analysis 11 * Downloadable Music Business Description 14 * Downloadable Music Business Model 14 * Downloadable Music History 15 * Competing Online Services 15 * Financial Analysis 16 * The Future of The Music Industry 19 * Conclusion 21 * References 21 The Impact of the Internet on the Music Industry: The Record Label VS. Downloadable Music It was only a short time ago that record stores like Specs and FYE were littered across the country, stocked from wall to wall with all the latest albums from your favorite bands and all sorts of music paraphernalia. People like me would have stacks of compact discs or binders full of the music they owned ready to go wherever they went. Before them there were cassette tapes, and before that vinyl records. If you were lucky enough to be a signed musician, you were a star destined for fame and fortune with thousands if not millions of loyal supporters buying your album and following you on tour. Most importantly for the purpose of this paper, the record labels were some of the wealthiest companies in the entertainment industry...
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...out and buying the whole album. Apple’s iTunes was just starting out and iPods were just being created. Limewire was the way to go. Little did we know that Limewire was illegal and costing singers, songwriters, labels, and everyone associated with just one song, huge amounts of money. Limewire was created in the spring of 2000. While Limewire seemed to go unnoticed for a while by the big wigs, when the site gained traction and became popular, those big wigs at the labels started to pay attention. In a 2003, South Carolina Senator, Lindsey Graham, along with five other influential senators, sent a letter asking for “voluntary actions that will help reduce illegal file sharing on the networks”, to the CEO’s of the top P2P sites including P2P United. P2P United was a lobbying firm that represented Limewire at the time. Sen. Graham also stated in the letter, that the companies “have a legal and moral obligation to conform to copyright laws.” In rebuttal to the bi-partisan letter, P2P United executive, Adam Eisgrau said “Death for P2P business is clearly the objective of industries that see themselves in competition technologically with what peer-to-peer software can do.” From then on, he did not comment on the lawmaker’s requests. In late 2003, the RIAA filed lawsuits against more than 300 peer-to-peer site users and then again in January 2004, filing some 532 more suits. Suing 3,429 file sharers, the record labels claimed...
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...criminal/anti-social behaviour. (12) * One other explanation for criminal behaviour is labelling and the self-fulfilling prophecy. Labelling theory states that criminal or anti-social behaviour is a consequence of the application of a criminal label given to the individual by others around them. * This explanation has four main stages. Firstly, a label is assigned to the individual by others around them; such labels are derived from stereotypes. For example, hoody wearers being labelled as troublemakers because of their physical appearance. * Secondly, the labelled individual will be treated according to their label by others around them. For example, if a crime such as graffiti occurs and a hoody wearer is nearby they will be blamed because their label is of a troublemaker. * Thirdly, the labelled individual reacts by starting to believe their assigned label. As a reaction to constantly being treated differently, the hoody wearer starts to believe that they are a bad person. * Finally, this results in the labelled individual behaving in line with the expectations of those around them which confirms the label. For example, the hoody wearer engages in criminal behaviour therefore a self-fulfilling prophecy (SFP) has occurred whereby the label has become true. * One example to illustrate how labelling and the self-fulfilling prophecy occurs is the naming of boys in the Ashanti tribe according to the day of the week they are born on. The tradition is that boys born on a Wednesday...
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...Pre-Exam Exercise A Multiple-choice Questions Choose the best options and write down the letter corresponding to the option A, B, C, D given in the questions in the appropriate box. 1. What kind of software does Excel belongs to? A. Spreadsheet C. Web design and authoring tool B. Word processing D. Database 2. is a series of ordered commands. A. Program C. Code B. Software D. Process 3. is a process of finding and reducing the number of defects in a computer program. A. Coding C. Encoding B. Programming D. Debugging 4. Programs process data depending on the of the data. A. value C. type B. number D. name 5. are the labels on the computer's memory. A. Numbers C. Values B. Variables D. Codes 6. A computer game is a program in which one or more players make decisions through the control of game objects and resources, in pursuit of a goal. A. software C. assembly B. hardware D. debugging 7. Which of the following is NOT the three main parts to a Game Maker? A. Sprites C. Buttons B. Rooms D. Objects 8. In Game Maker, describe when actions are to be performed. A. Actions C. Classes B. Events D. Objects 9. In Game Maker, are what to do when an event occurs. A. Actions C. Classes B. Events D. Objects 10. Business-to-Consumer (B2C) involves ...
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...Salvatore Taormina April 1, 2015 Professor White Beyonce Case Beyonce and Parkwood Entertainment really outdid themselves by releasing the surprise album Beyonce. The fifth studio album from the music icon was released on December 13, 2013 by her own music label Parkwood Entertainment and Columbia Records.The digital download only was well worth the gamble as sales were well beyond projections. With gambling comes risk, risk including pissing of the distributors, not being able to advertize the album, and technical glitches. The retailers that put her album in the stores may refuse to put her album in the stores if it is digitally released first. Accordint to Callahan-Longo of Parkwood he states “ We know the retailers are going to be upset, Target drew the line in the sand with Frank Ocean’s album and they may do it with us too”. Second was the advertizing campaign that virtually didn’t exist. Parkwood couldn’t call up television, radio, and magazines, because the album was kept a secret. Not being able to carefully schedule singles to drive interest in the album before it came out was a huge disadvantage. Finally Beyonce was going into unknown territory. The technical glitches were a legitimate concern because no one knows exactly what the fan experience will be, because it’s all new. Beyonce’s album launch was very different from the more traditional music release because you could only buy the album digitally with a video attached to each song. The traditional...
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...Executive Summary The music industry has experienced dramatic shocks that will ultimately transform its structure. The transformations have been sparked by new technologies and Internet use distributing music as a digital good. The MP3 audio format and the wide distribution network that has become available via the Internet are driving changes in the recorded music market structure and, thus, are simultaneously having significant impacts on the players in the traditional recorded music value chain. Global retail sales of recorded music dropped from $39.8Bn in 1996 to $38.5Bn in 1999 while the popularity of digital music has grown. This reflects digital music's new role as a "strategic necessity" of the music industry. It is obvious that the digital music format is here to stay and, indeed, is quickly becoming the preferred product choice of music customers. Our group will examine the internal and external factors responsible for shaping this new marketplace and analyze BMG's roles in the move to distribution of digital music. Financial Analysis BMG Entertainment, a subsidiary of Bertelsmann media, is a privately held company; therefore we can not study its market performance. However they do release financial statements to the public allowing industry performance to be measured (See Figure 1). To measure BMG's financial health and profitability three tests were performed. These tests were also applied to the other major players in the music industry. An excellent...
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...Passion Blog #1 How can this lightweight, rubber sole, canvas body shoe, never become extinct? Converses have been around for a little over a century now, and yet people still wear them (the more modern version that is). Starting out as a basketball shoe, in the late 70s to 80s, these little shoes have now transformed into skateboarding, causal and even dance shoes on a global scale. The world seems to love there Chucks. In the music world, rapper/ songwriter Wiz Khalifa has become the new face for Nike Converses. This 25 year old, Pittsburg native has taken the plain average converse and transformed it into so much more by creating a personal label based on this sneaker. His record label Taylor Gang derived from his previous high school Taylor Allderdice High school has fully embodied this stylish phase. They from a collaboration with the common Converse shoe with a record label therefore resulting in a successful clothing line. If you every run into a picture of Wiz or see him in concert a pair of chucks are always on his feet. He made wearing red Chuck Taylors a fad worn by inner city teens everywhere, representing Taylor Gang. Now besides chucks being a popular shoe, have you ever thought what makes them so popular? I have come to the conclusion that it is a result of its versatility. These shoes come in every color, pattern high-top or low-top, or size you can think of and if they happen not to have the right cheetah print on the left side you can customize it...
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...That technology has it so bad to the point that people can get a whole album online without paying for it. Even if the album is purchased online, the is not as expensive as in store. Another reason why it has a big influence in the music industry’s business is that once one person buys an album online, they can easily share with many other people with those people paying for the album. • Discuss how the music industry can change their business model to remain profitable. In the age and time, the internet sells everything. So in order to remain profitable in the music industry record companies should cut down on how many CD’s are printed. That would also save some money on printing CDs. Record Labels should make digital purchases more accessible and cheaper, that way people would be more inclined to purchase. Although it is very easy to get music online for free, these record labels should stress the benefits of getting music online vs. at a store. They should make it easily accessible to purchase and send music directly to any phone. If music industry adapts to the change in electronics then I believe they will remain profitable. Kurtz, D. (2010 Update). Contemporary business: 2011 custom edition (13th ed.). Hoboken, NJ: John Wiley & Sons. Discussion 2.2 • Fast-food chains like McDonald’s cultivate customer loyalty by offering similar experiences at all their stores. Discuss how much you think McDonald’s can let franchise owners in international...
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...How has social media affected the Music Business in recent times? Introduction This report will discuss in relative brief; how social media, has affected music industry and the power of record labels. It will attempt to review the effects that social media has had on the music business; discuss the changing roles of record labels; and the methods in which the industry is trying to adapt in order to reap the highest potential benefit from this modern global digital landscape. Audio Engineers are a group of people in an industry that has been subject to rigorous changes in recent years courtesy of the the digital age, the internet and social media. It is therefore important to understand the effects of social media, the changes in the music industry, and the possible solutions in order to attempt to forecast the future of the industry. Technology since the turn of the millennium has advanced with great strides and in the future will most likely be perceived as the true beginning of the digital age. The digital age has undoubtedly advanced humanity in many aspects, including in music, but is not without its problems. Piracy is a major cause for concern in the music industry caused by a lack of control within the music distribution channels, particularly in the earlier stages of p2p file sharing. This was a time when the industry did not really know how to react to digital music downloads; to embrace or fight it. Regardless of legal issues and lawsuits still happening...
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...POSITION |NAME |SIGNATURE |DATE | | |Author |Steve Hocking | | | |Global Operations Director |Paul Balkwell | | | |Global Quality Manager |Susan Lewis | | | |REVISED BY |DATE |ACTION |QA APPROVED BY |DATE | | | | | | | | | | | | | | | | | | | | | | | | | Purpose The purpose of this document is to provide clear guidance in the handling of pharmaceutical shipments that are to be shipped on the PDP National and International...
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...Magic Salt, Melting Snow. On this experiment, it’ shows how will acquire some basic and some practical information on the chemistry and physics of water, it’s melting a freezing points and how various differing chemical compounds are utilized to promote a change of state. For example, just plain salt can be used to raise the melting point of water or lower the freezing point. Salt lowers the temperature at which water freezes. Salt absorbs moisture and forms ions when dissolved in water. In the case of snow or ice, when salt lowers the melting or freezing point of water, it serves as a freezing point depressor. Other substances that dissolve in water also lower the freezing point of the solution. The amount by which the freezing point is lowered depends only on the number of molecules dissolved, not on their chemical nature. This so called freezing point depression is described as a colligative property of water. This property is one that depends on the number of ions that a substance produces when placed in solution. The more ions a substance produces when in solution in water, the more effective it is in lowering the freezing point of water. Salts such as sodium chloride and calcium chloride which ionize are useful in de-icing. However there are other variables to be considered such as the effects of these salts on grass, pavements, cars, concrete and living animals in the area. As for the methodology of this project, this science fair experiment also serves to acquaint...
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...E-Business Technologies The affects of the iPod on music industry Table of Contents Section 1: Introduction Page 4 Section 2: Technology Adoption Page 4 Section 3: Value Chain Page 5 Section 4: Relationships Page 6 Section 5: Conclusion Page 7 Section 6: References Page 7 Introduction The purpose of this report is to discuss the functions and features of Apple’s innovative MP3 player. I will be relating to the Schumpeterian model, as to how the iPod led to rapid mainstream adoption, whilst similar products failed. I will also consider the opportunities which promoted this device and the challenges that the Apple iPod currently face, highlighting the effects on the traditional music industry value chain, compared to the current value chain. In addition, I will discuss how the iPod developed working relationships which has assisted in Apple’s e-business success. I will then finish by concluding my findings. Technology Adoption The Schumpeterian model looks at the relationship between technological innovation and business activity. According to Perez (2002) there are five typical stages of each wave, which I will briefly describe. Irruption The Apple iPod was launched in 2001, a sleek and stylish MP3 player with an easy user interface, compressing digital audio files the iPod holds up to 1,000 songs...
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...How Has YouTube Changed The Music Industry? The people in control of the music business have always been threatened by new media. When the phonograph record originally emerged it was feared that it would kill off live music. In the early ‘80s the music industry campaigned against the cassette tapes, claiming that, “home taping is killing music.” Retrospectively, in both cases, quite the opposite proved true. The most recent example of this would take shape in the form of the internet, and more specifically one of it’s most visited mediums, YouTube. YouTube has become the third most visited website in the world behind Google and Facebook. Since its creation in February, 2005, YouTube saw rapid growth; sixteen months after its creation, 100 million clips were being viewed per day. YouTube users have developed a community in which technology has enabled new kinds of musical creativity. The internet and YouTube have now become technology that challenge the way we perceive music, musician and audience. Teens evidently don’t see computers as technology. It’s as if they have developed an innate ability for text-messaging, iPodding, gaming, and multitasking on multiple platforms. They can share their life story on Facebook, entertain each other on YouTube, muse philosophically in the blogosphere, contribute to knowledge on Wikipedia, and create cutting-edge art on Flickr. (Hartley, 2009) Lange (2008), an ethnographic researcher, discussed a number of misconceptions people have...
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...PHET Magnetism – Lab Grade Part I: 1. Go to http://phet.colorado.edu 2. Click on electricity and magnetism sims. 3. Select the simulation “Magnets and Electromagnets.” It is at this link http://phet.colorado.edu/new/simulations/sims.php?sim=Magnets_and_Electromagnets 4. Move the compass slowly along a semicircular path above the bar magnet until you’ve put it on the opposite side of the bar magnet. Describe what happens to the compass needle. 5. What do you suppose the compass needles drawn all over the screen tell you? 6. How is the strength of the force/torque on the compass needle indicated? 7. What are the similarities between the compass needle (magnetism) and a test charge (electricity)? 8. Move the compass along a semicircular path below the bar magnet until you’ve put it on the opposite side of the bar magnet. Describe what happens to the compass needle. 9. How many complete rotations does the compass needle make when the compass is moved once around the bar magnet? 10. Click “flip polarity” and repeat the steps above after you’ve let the compass stabilize. 11. Click on the electromagnet tab. Place the compass on the left side of the coil so that the compass center lies along the axis of the coil. (The y-component of the magnetic field is zero along the axis of the coil.) 12. Move the compass along a semicircular path above the coil until you’ve put it on the opposite side of the coil. Describe...
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...Introduction: The purpose of this lab is to determine the concentration of protein in liver cells using a standard curve which is made from samples containing known concentrations of Bovine Serum Albumin (BSA). We will also learn how to homogenize liver tissue samples to extract protein. The goal of this experiment is to understand the feasibility of this kind of test in determining protein concentration. This method has been used in multiple experiments including “Monitoring Oxidative Stress in Acute-on-Chronic Liver Failure by Advanced Protein Products.” (Liu, Han, Tian, Zhu, Liu, Li, Xiao, Li, Feng). In another experiment BSA protein was used as a marker for spectrophotometric determination of total protein, this means we should be able to measure changes in BSA concentration with the spectrophotometer “Spectrophotometric Determination of Total Protein in Serum Using a Novel Near-Infrared Cyanine Dye, 5.5’ –dicarboxy-1, 1’ –disulfobutyl-3,3,3’ ,3’ –tetramethylindotricarbocyanine.” (Hong, Wei-Rong, Xiao-Feng, Hua-Shan). Hypothesis: The liver cells with more protein will yield a deeper purple color when mixed with the BCA therefor causing a higher absorption of light from the spectrophotometer. Experimental Outline: 1. Prepare the homogenized liver sample A. Thaw a .5g liver sample and transfer to a Potter-Elvejhem homogenizer. B. Add 5ml of chilled homogenization buffer. C. Use pestle to crush (homogenize) D. Transfer mixture to a 15ml centrifuge tube ...
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