Thursday, 4 October 2012

Research - Summary

Summary of what i have learnt about the music industry in 2012

-There are now 3 Major record labels called Sony, Warner Brothers and Universal which are all major conglomerants. Although these music Labels are very Successful, The real success story is behind Apple. They provide customers with the choice of downloading singles for a lot cheaper instead of having to pay a lot more for the whole album when they only like a few songs from the album.
This means that the music industry may not be making as much profit as they should be, However instead of fighting back they have accepted the fact and tried to do more to interest their target audience to but the actual album instead of electronic versions.

Katy Perry released a cotten candy scented CD in order to boost album sales.


No comments:

Post a Comment