Predictions for the music industry

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Predictions For The Music Industry BY LEWIS SOUTHCOTT

Transcript of Predictions for the music industry

Page 1: Predictions for the music industry

Predictions For The Music IndustryBY LEWIS SOUTHCOTT

Page 2: Predictions for the music industry

Making money from the ever changing industry. Due to the music industry making a massive change from artists touring to advertise their albums they are now getting their albums to advertise their tours. The reasons for this are that they have to try and make money as more people are trying to get their artist music for free for illegal downloading ore streaming. This would mean that the music industry would have to find other ways to make money.

Page 3: Predictions for the music industry

Success of companies bands and artists will be based on tours and selling of merchandise.

Due to the advances in technology and streaming the success of the conglomerates that dominate the market (The Big 3) will be based on the amount of tours that their bands and artists have to make money along with the selling of merchandise. There are many different sites were people can buy tickets to their favourite bands and artists

Page 4: Predictions for the music industry

Copyright laws will be stricter on new artists and bands songs.

Due to the music industry having a massive change due to the development in technology bands and artist have been trying to get their songs to stand out in the competitive market. However they are now struggling to create original music that will compete in the market. From this the copyright laws will be stricter on what bands artists and music companies are passing off as their original music.

Page 5: Predictions for the music industry

Focus will shift to exciting music – not the latest technical trends

The music industry could change form the latest style of music to fast passed upbeat music, this would be for the ever-growing number of people that are going aboard to places such as Ibiza, Zante, Malaga, Magaluf, Ayia Napa and Cancun to go on holiday for clubs, alcohol, club music to have a good time aboard

Page 6: Predictions for the music industry

Your success will be based on your own work not from companies

It would be harder for upcoming bands and artists to get noticed in the music industry, this would be through The Big 3 dominating the market and have own all of the resources for their artist and bands to become successful.