Some thoughts on the future of music industry and its tendencies

Do you ever ask yourself how the sector that you retrieve every day through your headphones operates? With the arrival of the digital age, it has actually seen a great deal of considerable variations.

Focusing on the current events in the music world, we can observe some major variations in the actual content of the music that is being produced. For one thing, there is an increase in diversity, and lots of artists using their songs to bring attention to social issues, showing their awareness and encouraging their listeners to be more open-minded and try to understand different points of view or experiences. Some albums are getting more experimental, as displayed by some artists represented by labels part of Vincent Bolloré’s group. Reflecting the younger generation and their relationship with the current industry, idea albums are seeing a newfound growth in popularity, taking their listeners on a journey and stringing their songs together to follow a narrative.

One may think that the sense that is most active when engaging with music is hearing, but honestly, visuals have absolutely played an important role in the way a specific artist or piece of music is regarded. From the advent of music videos on tv, to their popularity on the web, as shown by pioneers like Doug Morris, there is absolutely a lot to see on the subject of a song. The music industry future predictions, nevertheless, don't only stop at music videos: as internet speeds and bandwidth have grown significantly, live streaming is today a brand-new possibility, with events like album premiers happening in genuine time through live videos. From this, who knows how the live music trends will evolve, in an era where we can consume a lot of live content from the comfort of our own couch, anywhere across the world?

The internet has definitely been an important player in what we understand as the music business today: while a couple of decades ago, success would be measured by CD sales, most men and women in the younger and older generations currently tend to consume a lot of their music intake online through streaming services. In this reality, where figures like Daniel Ek and his business dominating the scene, many may wonder where is the music industry going, particularly as streaming an album through a membership system and purchasing a copy, whether physical or digital, can be quantified in various techniques. Nevertheless, through provider like these, it may be easier for users to learn newer music, perhaps by promising artists that they would not have come across otherwise, and alternatively came up as a recommendation based on their listening habits. Perhaps, the digital domain of music streaming is making the entire industry much more accessible, both for artists and consumers.

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