Friday, February 25, 2011

Blog Prompt 4-The Future of the Music Industry

The music industry has been faced with some issues over the past and the present when dealing with individuals downloading and file sharing copyright music. Does this mean that the music industry is in trouble. I do not believe so. There are so many other ways that the music industry can make money. So why does the music industry continue to hire armies of lawyers to fight this battle for so long. Two things come to mind. Maybe they are doing so to maintain the amount of people who are not downloading and sharing or who minimally download and share. Or maybe they continue to do it on principle. Either way we all know that they spend so much money on doing this. What would happen if they decided that it was not worth it anymore. There are some possible things that I have explored. Possibly people would feel more free to download and share music and will be introduced to other types of music that they may have never considered before. I personally believe that even after this people will maintain how much they value having an actual album on hand of the particular artist that they enjoy listening to. Having these albums on hand will be something of value because of how often and how easy it is to share music. The music industry can also save a heck of a lot more money on lawyers and such, and invest that money into other things that may help to increase revenue in the industry. WHAT DO YA THINK!?!?

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