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Encyclopedia > Record company

The record industry (or recording industry) is the industry that manufactures and distributes mechanical recordings of music.


In the early years of the phonograph in the late 19th century, the music industry was dominated by the publishers of sheet music. With the start of the 20th century the importance of recorded sound grew in the business, and about the end of the first World War records supplanted sheet music as the largest player in the music business. The business has largely been dominated and controlled by the record industry, as the economics of mass-production of copies allow the manufacture of valuable music recordings for a tiny fraction of their sale price. There have been repeated allegations of illegal price fixing by the record industry.


The Recording Artists' Coalition exists to represent the interests of members of the music industry, in their fight against what they see as inequitable treatment by the record industry.


There is a fundamental tension between the two industries -- they have been in an uneasy symbiotic / parasitic relationship since this time, which is threatened by the advent of file sharing technologies. Critics of the record industry have compared it to the buggy whip industry, fighting the disruptive technology of file sharing by all possible means.

Contents

List of record industry organizations

Related topics

External links

Further reading

  • Where have all the good times gone? -- the rise and fall of the record industry Louis Barfe

  Results from FactBites:
 
Record label - Wikipedia, the free encyclopedia (804 words)
Most major record labels are owned by a few large multinational companies (Big Four record labels) that make up the almost all of the global recording industry, although there is a recent resurgence in independent record labels.
Often the record label's decisions are correct ones from a commercial perspective, but this typically frustrates the artist who feels that their artwork is being destroyed.
In the 1940s, 1950s and 1960s, many artists were so desperate to sign a contract with a record company that they usually ended up signing a bad contract, sometimes giving away the rights to their music in the process.
OutboundMusic.com- Record Companies (2105 words)
There are tremendous differences in a record companies' available assets-both hard assets (physical items under their control) and soft assets (networking connections and the like).
Some companies will attempt to sign many young artists, do as little initial work as possible and then focus their efforts on the one or two artists showing the most promise.
Whether a record company has producers under contract or not or whether it operates its own recording studio or subcontracts is pretty immaterial.
  More results at FactBites »


 

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