The Music Industry

We live in the world full of music. We can hear it almost everywhere: in the shopping malls, on the radio or even in the streets. There is a huge variety of music styles and much more singers. It makes people think that music industry is currently living the golden age. However, only few of them have ever thought that we live in a changing world. Every year a lot of new things are being invented. According to a progress of discovers currently we have a new environment surrounding – virtual world. The new space affected all worlds’ industries. The UK’s music industry is not an exception.
The first stirrings of a music industry came in the mid-to-late 18th century ( ). At that time singers’ life was amazing. They had been earning a lot of money only from doing their hobby – singing. Singers’ honorariums were great. Their rights were protected by law. There was not such thing as piracy. To be a singer was like to be honoured. Many fans admired them. The life looked so easy and amazing. However, it was only the first period of music industry. The next step did not look as glamorous as new problems appeared in a calm musicians’ life.
When new business surrounding – Internet - was created, many industries were influenced. UK’s music industry felt it too. As new opportunities let people get music in a very easy and cheap way, many huge companies such as EMI, Sony felt a decrease of CDs sales. However, at that time new kind of earning money – piracy- felt an increase of selling illegal CDs. ‘Physical piracy - illegally copied CDs - meant that in 2001, for the first time in many years, no album sold more than 10 million copies worldwide’ ( ). It...

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