One of the biggest factors that might affect growth in the
music industry is the flow of payments to musicians and publishers. An
innovation and government regulation that will have a positive impact on the
future of the music industry is Google’s acquisition of RightsFlow. RightsFlow
is an American company that provides organizations, bands, songwriters and
individuals with music licensing services and royalty payment solutions.
YouTube is one of Google’s greatest assets, which features millions of music videos
on its site. The previous process for royalty payments that was used by YouTube
was always deemed as problematic so this change should license music on YouTube
more efficiently.
Tuesday, January 31, 2012
Tuesday, January 24, 2012
The Digital Download is Indeed the Genuine Successor to the CD
After reading a blog entry by the popular Music Industry
blogger Mark Mulligan, I realized that I completely disagree with his view on D.I.S.C.: The Music Format Bill Of Rights
The days of gaining
significant revenue and popularity based primarily on CD sales are long gone
and will NEVER return. That is why basing any ideology off of “what was” is
just preposterous. It is naturally difficult for seasoned veterans of the music industry to
grasp this because they have tasted the
success with old methods of massive
distribution and popularity that was not primarily based via the Internet.
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