Download : how digital destroyed the record business / Phil Hardy.

Format:

Book

Author/Creator:

Hardy, Phil.

Language:

English

Subjects (All):

Sound--Recording and reproducing--Digital techniques--History.

Sound.

Sound recording industry--History--21st century.

Sound recording industry.

Sound recording industry--Technological innovations--History--21st century.

Technological innovations.

History.

Sound--Recording and reproducing--Digital techniques.

Physical Description:

xx, 380 pages ; 24 cm

Other Title:

How digital destroyed the record business

Place of Publication:

London : Omnibus, 2012.

Summary:

The CD revolution was a bonanza for the record industry. The new digital medium attracted sales in its own right and existing material could now be re-packaged and resold with huge profit margins. Sales grew, but then the pirates moved in, exploiting the medium by making perfect copies.

When the legitimate paid-for download finally arrived courtesy of Apple in 1993, it soon became clear that the Californian company's sole aim was to sell iPods. The fortunes of the content owners were of little interest to them and so the record companies found themselves parting with individual tracks for pennies instead of whole albums for pounds.

Phil Hardy's book explains how, in a few short years, the long-established record industry became an irrelevance as its slow-moving executives were comprehensively outmanoeuvred by a generation of outsiders who fully understood the new technology and the new market it had created. Book jacket.

Contents:

The CD boom

Seeking to monetize intellectual property: the first rise and fall of EMI

The creation of WMG

Would you like to dance? EMI and WMG

Bertelsmann gets itchy feet

Profit warnings from EMI

Mostly digital

A revolution in retailing

Digital problems galore

The conglomerates think again about the music business

The rise and fall of Sony BMG

WMG, the Bronfman era

EMI finds independence lonely

Transforming EMI: the hands era, part one

Battling Citigroup, the hands era, part two

Hopes for the future, legislation and new business plans

Rush to market: the sale of WMG and EMI

Battling the regulators.

Notes:

Includes bibliographical references (pages 367-374) and index.

ISBN:

1780386141

9781780386140

OCLC:

805019490

Publisher Number:

99954164835