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Copyright and global music industry

Title: Copyright and global music industry
Category: /Arts & Humanities/Music
Details: Words: 1032 | Pages: 4 (approximately 235 words/page)
Copyright and global music industry
Figure 1 presents the current structure or value chain of the music market [11]. This illustration explains simply how music moves a creative artist to its final destination, a consumer. Musicians typically come with a sample of their music to a music publisher or an artist & repertoire (A&R) manager of a record company. If this initial 'gate keeper' find the music promising, negotiations start [12]. A contract is signed with a music publisher. …showed first 75 words of 1032 total…
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…showed last 75 words of 1032 total…to changes in copyright. Now, similar discussions are under way. It would now seem that a crossroads has been reached, as online music revenues are expected to increase from $179 million in 1998 to $2,800 million in 2002 [26], or eight percent of the total industry revenues according to Jupiter, an online consultant [27]. Incremental changes to save the present system of copyrights - and thereby avoid fundamental changes to the structure of the music industry - may no longer do.

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