An analysis of the competition in the global music recording industry (MRI).
Written in 2008; 1,109 words; 7 sources; MLA; $ 38.95
Paper Summary:
This paper discusses the online distribution of music and how it is part of the larger, global music industry. It analyzes the aims and success of the global music recording industry (MRI) and discusses the six segments into which the MRI is primarily structured. The paper then discusses the new competitors in the MRI industry and how they relate to consumer expectations.
Table of Contents:
Industry Overview
The Apple Influence on Expectations
Technology Convergence
Conclusion
From the Paper:
"Myspace.com and others are revolutionizing the MRI by creating a substitute industry that if not properly compensated for by traditional MRI participants could eventually supplant them. Consumer expectations have crystallized around the concept of total access across formats to their music and musical tastes and the future of the MRI, due to the online distribution of music and the evolving expectations of the consumer, rests with its ability to agree on a universally accepted electronic format for its music files."
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