Information about Record Industry
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 Recording Artists' Coalition exists to represent the interests of recording artists 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 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.
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Competition law
Basic concepts
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The Canadian Recording Industry Association is a non-profit trade organization that was founded in 1964 to represent the interests of American companies that create, manufacture and market sound
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The Recording Artists' Coalition exists to represent the interests of recording artists 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 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.
List of record industry organizations
- Australian Record Industry Association (ARIA)
- British Phonographic Industry (BPI)
- Canadian Recording Industry Association (CRIA)
- International Federation of the Phonographic Industry (IFPI)
- Irish Recorded Music Association (IRMA)
- National Association of Record Merchandisers (NARM)
- Recording Industry Association of America (RIAA)
See also
External links
- Recording Artists' Coalition website
- New York Metro article by Michael Wolff analyzing the decline of the record industry
- Salon article on Courtney Love's criticism of record industry business practices
- Federal Trade Commission press release regarding price fixing
- Antitrust settlement in Nevada price-fixing case
- Songwriter Janis Ian's critique of the record industry's policies
- The Net is the Independent Artist's Radio - August 10, 2005 MP3 Newswire article
- -- Research on the music recording industry
- Advanced Peer-Based Technology Business Models. Ghosemajumder, Shuman. MIT Sloan School of Management, 2002.
- Music Downloads: Pirates- or Customers?. Silverthorne, Sean. Harvard Business School Working Knowledge, 2004.
- Magazine article about the effects of the Internet on the music industry
- The British Library - finding information on the record industry
- Music Economics Research
Further reading
- Where have all the good times gone? -- the rise and fall of the record industry, by Louis Barfe
The music industry is the business of music. Although it encompasses the activity of many music-related businesses and organizations, it is currently dominated by the "big four" record groups, a.k.a.
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For the television series, see Profit (TV series)
Profit generally is the making of gain in business activity for the benefit of the owners of the business...... Click the link for more information.
Sound recording and reproduction is the electrical or mechanical inscription and re-creation of sound waves, usually used for the voice or for music.
The two main classes of sound recording technology are analog recording and digital recording.
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The two main classes of sound recording technology are analog recording and digital recording.
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Edison cylinder phonograph ca. 1899]] The phonograph, or gramophone, was the most common device for playing recorded sound from the 1870s through the 1980s.
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Terminology
Usage of these terms is not uniform across the English-speaking world (see below)...... Click the link for more information.
For the periodical, see .
The 19th Century (also written XIX century) lasted from 1801 through 1900 in the Gregorian calendar. It is often referred to as the "1800s...... Click the link for more information.
The music industry is the business of music. Although it encompasses the activity of many music-related businesses and organizations, it is currently dominated by the "big four" record groups, a.k.a.
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twentieth century of the Common Era began on January 1, 1901 and ended on December 31, 2000, according to the Gregorian calendar. Some historians consider the era from about 1914 to 1991 to be the Short Twentieth Century.
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Clockwise from top: Trenches on the Western Front; a British Mark IV tank crossing a trench; Royal Navy battleship HMS Irresistible sinking after striking a mine at the Battle of the Dardanelles; a Vickers machine gun crew with gas masks, and German Albatros D.
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misleading. Please see the discussion on the talk page.
Competition law
Basic concepts
- History of competition law
- Monopolization
- Coercive monopoly
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The Recording Artists' Coalition (RAC) is an American music industry organization that represents recording artists, and attempts to defend their rights and interests. Compare and contrast with the RIAA, which represents the recording industry.
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The word whip describes two basic types of tools:
A long stick-like device, usually slightly flexible, with a small bit of leather or cord, called a "popper", on the end. Depending on length and flexibility, this type is often called a riding whip, riding crop or "bat".
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A long stick-like device, usually slightly flexible, with a small bit of leather or cord, called a "popper", on the end. Depending on length and flexibility, this type is often called a riding whip, riding crop or "bat".
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A disruptive technology or disruptive innovation is a technological innovation, product, or service that eventually overturns the existing dominant technology or status quo product in the market.
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- See Shared resource for the conventional meaning of file sharing
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Australian Recording Industry Association (ARIA) is a trade group representing the Australian recording industry. It oversees the collection, administration and distribution of music licenses and royalties.
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The British Phonographic Industry (BPI) is the British record industry's trade association. Its membership comprises hundreds of music companies including all four 'major' record companies (Warner Music Group, EMI, Sony BMG, and Universal Music Group), associate members
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- Cria redirects here. For the young llama, see llama.
The Canadian Recording Industry Association is a non-profit trade organization that was founded in 1964 to represent the interests of American companies that create, manufacture and market sound
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The International Federation of the Phonographic Industry (IFPI) is the organisation that represents the interests of the recording industry worldwide. Its secretariat is based in London, UK.
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The Irish Recorded Music Association (IRMA) is the Irish record industry association.
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The Irish Recorded Music Association (IRMA) is the Irish record industry association.
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highly specialized aspect of its associated subject.
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- "RIAA" redirects here. You may also be looking for RIAA equalization.
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In the music industry, a record label is a brand and a trademark associated with the marketing of music recordings and music videos. In everyday usage, a record label is also a company that manages such brands and trademarks; coordinates the production, manufacture, distribution,
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The music industry is the business of music. Although it encompasses the activity of many music-related businesses and organizations, it is currently dominated by the "big four" record groups, a.k.a.
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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.
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Janis Ian (born April 7, 1951[1]) is a Grammy Award-winning American songwriter, singer, multi-instrumental musician, columnist, and science fiction author. She had a successful singing career in the 1960s and 1970s, recording into the 21st century.
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Founded in 1998, the same year as MP3.com, MP3 Newswire is the oldest active news site devoted to digital media technology. Notable for its series of essays that chronicled the rise of digital music and the Internet’s acrimonious relationship with the record industry, MP3 Newswire
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Shuman Ghosemajumder (born 1974) is a Canadian technologist, author, and businessman based in Silicon Valley. He is co-author of the book CGI Programming Unleashed
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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 world's leading business schools, conducting research and teaching in finance, entrepreneurship, marketing,
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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.
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