The Music Industry
Peter Day investigates how much the music industry has changed in the past decade and asks how businesses and musicians have had to adapt as a result.
The music industry has changed irrevocably over the past decade, with the internet disrupting the status quo as it has many other sectors. But the story has moved on from an industry dying from dwindling record sales.
The traditional way of releasing a record has changed thanks to new publishing platforms, companies that gather music statistics and streaming services such as Spotify and Deezer. Now these companies are disrupting the industry once again. Peter Day speaks with new players such as Spotify and Musicmetric and traditional, established companies such as Sony Music.
Streaming services have caused controversy because their payments to musicians are seemingly minuscule. Radiohead’s lead singer Thom Yorke has battled against Spotify, calling it the ‘last fart of a dying corpse’ - so how can musicians make money now? Peter hears from a band just starting out, Yossarian, and from successful artists Billy Bragg and Moby.
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Contributors to this programme
Jeremy Silver
Author of ‘Digital Medieval: the last twenty years of the music industry, and the next twenty’ and Chairman of Musicmetric
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Moby
Musician
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Billy Bragg
Singer / songwriter
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Ash Spencer
Singer -ÌýYossarian
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Fred Bolsa
Director of Innovation and Strategy at Sony Music in London
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Mark Williamson
Director of Artist Services at Spotify
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David Touve
Assistant Professor at the University of Virginia, USA
Broadcasts
- Sat 4 Jan 2014 12:32GMTÂ鶹ԼÅÄ World Service Online
- Sun 5 Jan 2014 09:32GMTÂ鶹ԼÅÄ World Service Online
- Wed 8 Jan 2014 00:32GMTÂ鶹ԼÅÄ World Service Online
- Wed 8 Jan 2014 04:32GMTÂ鶹ԼÅÄ World Service Online
- Wed 8 Jan 2014 15:32GMTÂ鶹ԼÅÄ World Service Online
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