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The record industry is the part of the music industry that earns profit by selling sound 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 at 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 price fixing by the record industry. The music industry is the industry that creates, performs, promotes, and preserves music. ...
Profit, from Latin meaning to make progress, is defined in two different ways. ...
Methods and media for sound recording are varied and have undergone significant changes between the first time sound was actually recorded for later playback until now. ...
Allegory of Music on the Opéra Garnier Music is an art form that involves organized sounds and silence. ...
Edison cylinder phonograph ca. ...
Alternative meaning: Nineteenth Century (periodical) (18th century — 19th century — 20th century — more centuries) As a means of recording the passage of time, the 19th century was that century which lasted from 1801-1900 in the sense of the Gregorian calendar. ...
The music industry is the industry that creates, performs, promotes, and preserves music. ...
(19th century - 20th century - 21st century - more centuries) Decades: 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s As a means of recording the passage of time, the 20th century was that century which lasted from 1901–2000 in the sense of the Gregorian calendar (1900–1999...
Combatants Allied Powers: Russian Empire France British Empire Italy United States Central Powers: Austria-Hungary German Empire Ottoman Empire Bulgaria Commanders Nicholas II Aleksei Brusilov Georges Clemenceau Joseph Joffre Ferdinand Foch Robert Nivelle Herbert Henry Asquith Sir Douglas Haig Sir John Jellicoe Victor Emmanuel III Luigi Cadorna Armando Diaz Woodrow...
The examples and perspective in this article do not represent a worldwide view. ...
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. The Recording Artists Coalition (RAC) is an American music industry organization that represents recording artists, and attempts to defend their rights and interests. ...
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 new technologies. Critics of the record industry today have compared it to the buggy whip industry, fighting the disruptive technology of file sharing by all possible means. It is worth remembering though that the sheet music industry were resistant to original phonographic industries, who in turn were initially resistant to radio, television, home taping and so forth. A buggy whip is a coach whip used for driving on horses harnessed to a buggy, or small open carriage. ...
A disruptive technology or disruptive innovation is a technological innovation, product, or service that eventually overturns the existing dominant technology or product in the market. ...
File sharing is the activity of making files available to other users for download over the Internet, but also over smaller networks. ...
Tensions arise largely from the low amounts of total sales that the artists receive. The recording industry is able to pay exploitatively low percentages as all the record companies pay artists very similar amounts. Therefore if an artist wants to release their music there is no viable alternative other than to sign away their music to these organisations. This might eventually change in the future with the advent of web based music sales. Services may evolve to allow musicians to sell their music via the web without the need for a record company in its present form and consequently reap a fairer share of the profits from their music.
List of record industry organizations
The Australian Record Industry Association (ARIA) is a trade group representing the Australian recording industry. ...
The British Phonographic Industry was founded in 1973 to represent the interests of British music companies and to fight the growing problem of music piracy. ...
The Canadian Recording Industry Association is a non-profit trade organization that was founded in 1964 to represent the interests of Canadian companies that create, manufacture and market sound recordings. ...
The International Federation of the Phonographic Industry (IFPI) is a trade organisation representing the recording industry. ...
The Irish Recorded Music Association (IRMA) is the Irish counterpart of the Recording Industry Association of America. ...
The RIAA Logo. ...
See also To meet Wikipedias quality standards, this article or section may require cleanup. ...
The world music market is the global market for the commercial trade of music, and the licensing of the use of music. ...
The Open Music Model is an economic and technological framework for the recording industry proposed in 2003, which suggests that the only viable system for distributing music online is through a DRM-free peer-to-peer file sharing system. ...
External links This article is about the singer Janis Ian, for the character from the movie Mean Girls see Janis Ian (Mean Girls) Janis Ian (born on April 7, 1951) is a Grammy-winning American songwriter, singer and multi-instrumental musician. ...
MP3 Newswire is one of the earliest news sites focused on digital media technology. ...
Shuman Ghosemajumder is the co-founder and former CEO of Anadas Consulting, a Canadian software development firm. ...
The MIT Sloan School of Management is one of the five schools of the Massachusetts Institute of Technology, located in Cambridge, Massachusetts, USA. It is one of the worlds leading business schools, conducting research and teaching in finance, entrepreneurship, marketing, strategic management, economics, organizational behavior, operations management, supply chain...
Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. ...
Further reading - Where have all the good times gone? -- the rise and fall of the record industry, by Louis Barfe
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