Labels
Production and distribution of music, and promotion of artists.
What are record labels in charge of?
Between $0.003 and $0.005.
How much does Spotify pay rightsholders per stream?
99c per song.
How much did people pay for song on iTunes?
1999
What year was Napster launched?
Revolutions per minute.
What does RPM mean?
Sony Music, Warner Music Group, and Universal Music Group.
Who is the 'big three'?
This event made it difficult for artists to make revenue through concerts.
What is covid-19?
517 million users worldwide.
What is the number of current users on Spotify?
October 2001.
When was the iPod released?
Sean and Shawn.
Who created Napster?
88%
How much of the market do the 'big three' control?
This platform was one of the first steps for artists to be able to promote themselves.
What is YouTube?
Music become 'individualised.'
What is an impact of digitalisation?
An adaptation of a system or process to be operated with the use of computers and the internet.
What is digitalisation?
Large-scale, unauthorized duplication of recorded music with the intent to defraud the copyright holder of his/her royalties.
What is piracy?
"Our entire music catalogue is effectively tracked on a daily basis, we're constantly monitoring actions, reactions, and trends that happen [online]." Andy McGrath.
What are record labels doing to utilise social media platforms?
This artist raised $1.2 million to fund her first album.
Who is Amanda Palmer?
67% of the app's users are more likely to seek out songs on music-streaming services after hearing them on the platform.
What is TikTok?
Digital sales surpass physical sales for the first time.
What happened in 2012?
The first time music industry revenue began to rise since digitalisation.
What is 2017?
Online promo deals are making serious money for music marketers.
What is the impact of influences/online platforms?
"Music is art, and art is important and rare. Important, rare things are valuable. Valuable things should be paid for."
Who is Taylor Swift?
A whole generation became 'criminals.'
What is a social impact of Napster?
This file needed to exist in order for the digitalisation of the industry to occur.
What is an MP3 file?
This artist used Tinder to promote a single.
Who is Jason Derulo?