The Internet and the Music Industry

    January 15, 2008

Ever since I blogged for a music site, I’ve watched how the Internet has transformed the music industry.

Here are some recent highlights – and they are sad songs:

It seems like almost everyone is giving away free music downloads these days. You can get free music with your fast food (would you like some music with your meal?). You can get free music with your cell phone. What’s next? Oh yes, free music downloads with your Pepsi.

The Super Bowl played a major role in helping iTunes gain exposure. Now, iTunes is losing popularity with the music industry because of strict pricing and terms. Even though iTunes dominates the market, they have a new blow. The Super Bowl says they’ll work with Amazon’s music download site instead of iTunes. Amazon’s service just launched this September and it’s far more open. Record companies might be the next to favor Amazon.