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The Music Industry and the Digital Revolution
Video

The Music Industry and the Digital Revolution


áudio gerado automaticamente
áudio gerado automaticamente

Editorial Rating

8

Qualities

  • Innovative
  • Overview
  • Engaging

Recommendation

No industry is immune to paradigm-shifting disruption. To examine the changes that technology has inflicted on the music industry, Economist Films zeroes in on a medley of case studies that collectively provide a colorful overall picture. It concludes that to survive the subsequent upheaval, industry players must welcome the opportunities – rather than ward off the threats – that radical disruption begets. getAbstract recommends this vibrant video to artists and musicians, as well as to leaders across all industries who need a reminder of the importance of adapting.

Take-Aways

  • Despite an onslaught of digital technology disruption, the music industry’s business model has resisted change.
  • In a standard record deal, artists surrender their music rights to a record company.
  • Kobalt, a tech start-up, offers an alternative to the traditional major record label. Its model ensures musicians receive fair remuneration each time their songs get played.

About the Speaker

Economist Films produces documentaries that investigate economic, social and political issues.


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    G. M. 8 years ago
    What a powewrful read and very eye opening - thank-you!
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    A. A. 8 years ago
    Music industry needs more attention from the digital world
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    C. P. 8 years ago
    Thanks for the industry insight which I would normally not be aware of.