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Tuesday, February 4, 2014

How Itunes Has Changed The Music Industry

In January 2001 apple Inc. introduced a media imposter that has revolutionized the mood the electron orbit buys music. As I will discuss in overleap detail, iTunes has strikingally shifted the behavior in which music is purchased, listened, shared, and marketed. The introduction of iTunes has caused dramatic shifts in the music industry with which disgrace labels are distillery reacting to. I am going to take a proximate liveliness at these changes and focus on what type of media is purchased by iTunes, how ofttimes this media is downloaded, the impact this has had on take sales, and if allowing one guild to witness the majority of music downloads in the U.S. is a dictatorial or negative thing. Description iTunes was released in January 2001 as a media doer available further on computers made by apple Inc. On April 28, 2003 the iTunes retentivity opened for business. When first released the iTunes repositing further had 200,000 songs available for purcha se. It is important to note that prior to iTunes release it had already reached distribution agreements with all 5 of the major record labels at that time; EMI, Sony, BMG (has since merged with Sony to form SME), Warner, and Universal. Within 24 hours of its rob iTunes had sold over 275,000 tracks. Within the first year the Itunes store was released to 13 European countries and Canada (Horwitz). iTunes is now available to over 67 countries (Horwitz). The sheer number of downloads that iTunes has facilitated is very impressive. On February 24, 2010 Apple Inc. announce that they had reached 10 billion music downloads (Apple). In the span of smooth than 10 years iTunes downloads will have matched that of physical record sales. This is projected to happen in 2012 as shown below. (Byrne) The main fold for this decline in physical sales is in the way that we access our music. Instead of popping a CD in the musician, as we would have done in the mid 90s, we stinker downlo ad the same songs to our computer and straig! ht to a MP3 player for instant access....If you want to get a full essay, fiat it on our website: OrderCustomPaper.com

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