The music industry had to find a way to recoup the slump in
CD, record and album sales. It will continue to change because the industry as
a whole has started figuring out ways to fix the problem of lost sales. Some
retail sites like iTunes and Tunecore require their customers to go though one
of these channels before making a purchase.
Digital distribution is becoming the new normal in the music
industry. This is great for new artist; it allows them more control over their
work then ever before. The times of waiting to get picked up from a label in
order to get an artists career started is no longer standard. An artist only
needs to develop a fan base in order to get their music purchased.
Some of the aggregator sites like Taxi.com, ReverbNation.com
and Sound Cloud.com provide things like virtual showcases. A showcase is used
to introduce a new artist to influential individuals in the music industry.
Digital warehouses like Nokia Music, MediaNet and RedDotNet
are just some of the distribution centers for Media and retail. These
warehouses are so huge they service
a large portion of the music industry. Some of the ways they
are able to do this is by selling music to the public by virtual means. Every
time a customer purchases a ringtone or download they are accessing what is
called a digital jukebox.
References:
Craft, Kimberly M.M J.D, Entertainment Media Publishing and Distribution second edition