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Can The Music Industry Change Its Tune 2

Can the Music Industry Change Its Tune

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Title: Can the Music Industry Change Its Tune

Essay Details:

Subject: Technology

Author: Jose D

Date: July 5, 2015

Level: University

Grade: A

Length: 4 / 924

Essay text:

The price that is paid for a CD compensates all the contributors involved in the production of the CD. The value chain for the music recording industry consists in basically 6 components: 1. Artists or Singer: 2. Recording: Studios (Universal Music Recording, Sony Music, Warner Music, BMG or EMI) 3. Manufacturing: CD Manufacturers 4. Marketing: Advertisement, catalogues, tours, concerts, Interviews, etc 5. Distribution: Transportation, Packaging from manufacturing to distributors. - Indirect distribution through traditional channels: chain music stores and chain bookstores - Indirect distribution through nontraditional channels: gift stores, independent business...

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