Ben - The record labels used to be the key players in the music industry. Getting music to fans meant negotiating a complex supply chain that included printing records and delivering them to stores. Looking at it this way, the record labels are more or less distribution companies.
The Internet is the world’s most efficient distribution channel, which makes it a threat to any business whose business model relies on getting product to customers. In the case of the music industry, anyone can now distribute their music over the Internet for little or no cost. This, in turn, changes the value of recorded music. Link.
Find this article at: http://www.labnol.org/internet/favorites/how-internet-is-disrupting-the-music-industry/1509/
web: http://www.labnol.org/ email: amit@labnol.org
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