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Digital media's influence on the way we consume music
Transcript of Digital media's influence on the way we consume music
The emerging internet age
enabled many technological
advancements for music...
by October 1999
Napster Community grew to
20 Million by March 2000
Then there was
Devised in the mid 1990s allowing
audio files to be compressed
without losing quality
Was essential to the
online music revolution
MP3 (MPEG ) Audio Layer III
Napster Community peaked at
at the end of 2000
In early 2001
US courts rule
in favour of the Record Labels and order Napster to start charging or close entirely.
Napster inspires new P2P
File Sharing Software
While the lawsuits continue
2001 Apple Launch the Ipod
iTunes online store
opens in the US 2003
success leads to
Streaming up 34.7%
Apple mastermind and CEO Steve Jobs
product, the power
to sell the iTunes store concept to the major record labels who happily licenced their music catalogues
to Apple in support of
Steve Job's Vision
4 billion songs
Apple stocks rise from
$8 to $80 Billion in 4 years
Physical Music Sales
Record Label Warner
...but by 2013
are emerging and growing in popularity
Streaming: The Future of the Music Industry
Music download sales down 13.3%
Music - Movies
- Games - Books
Curated Content Sources