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The Chinese Music Industry’s Plight and Future

In: Film and Music

Submitted By thebaskkid
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The Chinese Music Industry’s Plight and Future
At first thought, some people, including myself, would not include the music industry as part of the grand macroeconomic development blueprint. Yet music not only represents an essential part of our modern lifestyle, but also exists as a key stimulus to economic growth. Nevertheless, following the advent of the internet, rampant piracy and lack of copyright protection led the Chinese music industry into the darkest period it has ever seen. Song Ke, one of the China’s most prominent music industry gurus, has been pressured to open two Peking duck restaurants to have sustainable income. Thousands of musicians have been forced to reevaluate their lives and decide whether they would like to continue the hard labor providing free soul food for the hungry yet ungrateful people. While the Chinese music industry now faces stagnate development, unable to overcome problems such as copyright violations, lack of centralized control and coordination, through surveying and analyzing the anatomy of the problems and possible solutions, we will ultimately see why the Chinese music industry is likely to change for the better in the near future. This is important because China is undergoing the vital transition from an export-led growth model to a consumer based economy and the music industry can serve as an economic force to stimulate endogenous private consumption. Before the end of the Cultural Revolution, music in China was limited to Chinese adaptations of songs with “socialistic themes” from the Soviet Union, traditional Chinese folk songs, and songs praising the Communist Party, Army, or People. The Chinese music industry formed only after Chairman Deng’s 1978 economic reforms came into effect. The drastic rise in economic interaction and market liberalization facilitated the rapid transmission of culture. Cassette tapes of a...

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