Sunday, March 9, 2014

Can The Music Business Be Saved?

Can This Man SAve The Music Business?
LA Times
Dawn C. Chmielewski

The music business has been declining since 1999. From being a very successful 28 billion dollar industry to dropping to a 16.5 billion dollar industry in 2012. The industry has lost much of its sales because people have started to get all of their music for free. From either converting songs from YouTube, pirating the songs off of bootleg websites, or just purely burning albums. Whatever the reason the music business has lost a plentiful amount of money. Artists are making their money mostly from concerts. The albums that they put out are virtually worthless because of how easy it has become to get music. A man named Lucian Grainge has a vision for the future of the music industry. He is planning on making it impossible for people to pirate songs off the internet and actually pay for their music like how it was done back in the day. If people do not pay for their music eventually artists will stop making music, not only because they are not getting the income that they deserve, but also because of the fact that no company or artist will have enough money to even put their songs out. Grainge has decided to start his vision by exploring foreign countries and helping different artists to spread their music. He will eventually figure out a way to get the public to pay money for their music to keep this industry successful.

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