The internet has forced change on many activities, and it has had a particularly revolutionary effec...
The internet has forced change on many activities, and it has had a particularly revolutionary effect on the recording industry. Always faced with piracy through illegally copied vinyl and cassette tape, record companies now have to face up to the implications of digitalisation of music production and dissemination. Online services such as Napster now enable music lovers around the world to swap their favourite tunes as MP3 files with a few clicks of a mouse. Established business models face a severe test. The UK's main listed music company, EMI, is floundering near its 52-week low in no ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes