dominated our lives in a dramatic way. So much so, its beginning to wipe out the CD completely But is this really true? Day by day as streaming increases, CD sales are decreasing. We spoke to a group of teenagers and asked them when they last bought a CD
We spoke to an expert in media to give his
professional opinion on whats happening in the music industry and his predictions for the future.
We compared CDs to streaming and other
formats of listening to music. This is based on a research done in 2014 of the US music industry. 37% of the sales are coming from digital downloads opposed to physical copies like CD only occupying 32%. A few years ago, this wouldve been different with CDs being at the top. Streaming is a growing form of listening to music which may potentially overtake physical. Streaming was 27% of the sales in 2014. The smaller parts of the market are synchronisation at 3% and ringtones at only 1%.
CD sales was previously the main form of buying
and listening to music, and also a major source of income for artists. With the current generation streaming music in such a variety of ways, what effect could this have on your favourite artists? We interviewed music fans to get their opinion on streaming...
A recent pair in controversy has popped up
again, Kanye West and Taylor Swift. Two major superstars in the industry with two very different opinions on CDs and streaming. West who had actually made his last 7 albums available on disc tweeted wants to stop making CDs and focus on streaming. Swift on the other hand believes in continuing CDs and resented major streaming sites like Spotify and others.
Streaming is the future. Its been a problem for
the music industry in recent years to come to terms with and adapt to. Services like Spotify and Sound cloud have created problems for the music industry, but thats not been the biggest battle. Illegal streaming is a very active thing and a major threat to artists and labels.
Illegal ways of listening to music are very
common and easily available. Why pay when you could just listen for free, right? What people forget when doing this is that they are committing a crime and denying artists income they rightfully deserve. It has such a negative impact on the industry that it creates $12.5 billion in economic losses a year. The problem is that its available to most by the click of a button and is so hard to combat from an industry point of view. Many factors go into consideration why people choose to illegally download music.
its easy to do!
People dont have to pay! And quite honestly its seen to have become the norm in our society.