by Dwight L. Quinn
An industry that transformed itself...
Do you know of, or can recall of any industry that has reinvented itself like the music business has during the past decade and a half?
Fifteen years ago the CD was the main format
for listening to music and the digital marketplace
was just beginning. Now here we are today and there are more than 400+ authorized digital music services worldwide offering more than 14 million songs.
Digital sales already comprise nearly half of total revenues for the music business in the United States.
To make a long story short, it’s no longer about CDs,it’s about access to music anytime, anywhere and the experience,convenience and the accessibility that keeps fans coming back for more, more and more.
And of course their are going to be different business models that will continue to evolve, but around
one fundamental objective: it will all be about the music.
More than any other art or entertainment form, music transports, transforms and reconnects us.
But behind the emotional attachment and beyond the artist on the album cover is an army of people who make the music play – planning, developing and investing in your next favorite song.
Providing the songs that make up the soundtrack to your life takes significant work and investment, and
the modern label is committed to giving fans more musical options than ever. Which is just another
reason why the music industry is the best industry in the world.
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