Patrik Wikström - The Music Industry

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Since the first edition was published in 2009, Patrik Wikström's <i>The Music Industry</i> has become a go-to text for students and scholars. This thoroughly updated third edition provides an international overview of the music industry and its future prospects in the world of global entertainment.<br /><br />The music industry has experienced two turbulent decades of immense change brought about in part by the digital revolution. How has the industry been transformed by these economic and technological upheavals, and how is it likely to change in the future? What is the role of music in this digital age? Wikström illuminates the workings of the industry, deftly capturing the dynamics at work in the production of musical culture between the transnational media conglomerates, the independent music companies and the public. New to this third edition are expanded sections on the changing structure of the music industry, the impact of digitization on music listening practices, and the evolution of music streaming platforms.<br /><br />Engaging and comprehensive, <i>The Music Industry</i> is a must-read for students and scholars of media and communication studies, cultural studies, popular music, sociology and economics.

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CONTENTS

1 Cover

2 Front Matter The Music Industry Music in the Cloud Third Edition PATRIK WIKSTRÖM polity

3 Introduction: Music in the Cloud Connectivity vs. control Service vs. product Amateur vs. professional The structure of the book Notes

4 1 A Copyright Industry Defining industries Basic concepts of copyright Characteristics of the copyright industries Profit maximization, creativity and authenticity Exploring copyright industry dynamics Notes

5 2 Inside the Music Industry Defining the music industries Three integrated music industries A brief history of the twentieth-century recording industry Into the 2000s The world’s largest music companies The size and structure of the international recorded music market Notes

6 3 Music and the Media The interplay between music, audience and media Connectivity and control Music-licensing Recorded music The market for access-based music platforms Is it possible to compete with the technology conglomerates? Notes

7 4 Making Music Professions and practices The artist as a brand Live music The relationship between the artist and what used to be the record label Notes

8 5 The Social and Creative Music Fan Friendly sharing? Singing, dancing, remixing Conflicts between consumer creativity and rights holder control Music promotion goes viral Audience-driven talent development Patronage in the digital age Tip jar models redux Notes

9 6 Future Sounds Connectivity vs. control Context and content Creativity as consumption Final words Notes

10 References

11 Index

12 End User License Agreement

List of Tables

1 Chapter 1 Table 1.1Levels of aggregation and the facets of the production of culture perspective

2 Chapter 2 Table 2.1The music industry as defined by the British government Table 2.2The music industry according to Engström and Hallencreutz Table 2.3The longevity of physical music distribution formats

List of Illustrations

1 Introduction Figure 0.1The Cloud as an Internet metaphor Figure 0.2Increased connectivity causes the music firms to lose their ability to control t…

2 Chapter 2 Figure 2.1Musical networks Figure 2.2Production/consumption systems of popular music Figure 2.3The organization of the recording industry Figure 2.4A music publishing industry value chain Figure 2.5Selected music industry milestones during the 1890s and 1900s Figure 2.6Selected music industry milestones during the 1910s and 1920s Figure 2.7Selected music industry milestones during the 1930s and 1940s Figure 2.8Selected music industry milestones during the 1950s and 1960s Figure 2.9Selected music industry milestones during the 1970s Figure 2.10Selected music industry milestones during the 1980s and 1990s Figure 2.11Global physical music unit sales by format, 1973–2017 Figure 2.12Selected music industry milestones during the 2000s and 2010s Figure 2.13Share of the global recorded music market 3.1 The audience–media engine

3 Chapter 3 Figure 3.2Global revenues from recorded music Figure 3.3The world’s largest access-based music services at the end of 2018

4 Chapter 4 Figure 4.1The average age of the top-ten global superstars

5 Chapter 5 Figure 5.1Local repertoire share measured in ten countries over two decades Figure 5.2The acoustic diversity of popular music is in decline Figure 5.3Example of a versioning strategy implemented by jazz guitarist Yotam Silberstein Figure 5.4Musician and producer Andrew Huang reaches out to his fans via the Patreon platf…

List of Case Study

1 Chapter 4 Case Study 4.1: Robyn Carlsson

2 Chapter 5 Case Study 5.1: When the Promotion becomes the art form – Year Zero by nine inch nails

Guide

1 Cover

2 Table of Contents

3 Begin Reading

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Digital Media and Society Series

Nancy Baym, Personal Connections in the Digital Age ,2nd edition

Jean Burgess and Joshua Green, YouTube , 2nd edition

Mercedes Bunz and Graham Meikle, The Internet of Things

Mark Deuze, Media Work

Andrew Dubber, Radio in the Digital Age

Quinn DuPont, Cryptocurrencies and Blockchains

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