The Internet’s Impact on the Music Industry
Monday, March 28th, 2005The Pew Internet & American Life Project has two good reports pertaining to the Internet’s impact on the music industry. The first report, titled Artists, Musicians and the Internet, discussess what artists think about the Internet. A summary of the report:
They have embraced the internet as a tool that helps them create, promote, and sell their work. However, they are divided about the impact and importance of free file-sharing and other copyright issues.
Another report, Music and Video Downloading Moves beyond P2P, discusses how Americans are sharing music in ways that do not involve peer to peer networks. An excerpt from the introduction of the report:
About 36 million Americans—or 27% of internet users—say they download either music or video files and about half of them have found ways outside of traditional peer-to-peer networks or paid online services to swap their files, according to the most recent survey of the Pew Internet & American Life Project.The Project’s national survey of 1,421 adult Internet users conducted between January 13 and February 9, 2005 shows that 19% of current music and video downloaders, or about 7 million adults, say they have downloaded files from someone else’s iPod or MP3 player. About 28%, or 10 million people, say they get music and video files via email and instant messages.
I'm Chad Boeninger and I write this blog for the students and faculty of Ohio University. I cover business research issues, databases and other resources, current business trends and topics, and much more.