https://www.theguardian.com/commentisfree/2016/nov/16/pop-music-bespoke-plaything-wealth-divide
The article expresses how downloads and streaming has killed the music industry. They now rely on 'luxury' packages. Terms such as deluxe and collectors edition is being used to entice audience. Even festivals highlight a divide, some pay hundreds of pounds for a weekend, not everyone can afford.
O In China, 71% of record label revenues came from digital sources in 2011.
O Digital music revenues will top $20 billion in 2015
O In 2011, digital music now accounts for an estimated 32% of all record label revenues
O Some three million people in the UK download unauthorized films online,
O Number of illegal music downloads attributed to students in 2006.
I think that a divide has been created, in order to balance losses collector editions and festivals are going up in price, they have reached a point where only certain people are able to afford these kinds of things. They are stuck in a circle because people want to be able to enjoy said things so resort to illegal downloads, but that makes the prices go further up. More needs to be done to ensure everyone has equal access to music the way that they once did otherwise the industry may suffer further
No comments:
Post a Comment