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Co-evolution between streaming and live music leads a way to the sustainable growth of music industry : Lessons from the US experiences

2017

While digitization of music, particularly streaming services, has gained increasing popularity, it has also led to a steady decline in the revenues of recorded music industry. This is causing strong concern regarding a potential collapse of the music industry comparable to other print media industries such as newspaper and book publishing. However, recent changes in the music industry initiated by a resurgence of the live music industry are giving rise to some expectations for the survival and growth of the music industry. The parallel paths of increasing popularity of streaming services and a resurgence of live music suggest that these two dynamics are working together in a co-evolutionary…

live musicliiketoimintamallitsuoratoistoSociology and Political Sciencemusic industry020209 energymedia_common.quotation_subjectlive-concert-streaming music industryHuman Factors and Ergonomics02 engineering and technologyBusiness modelco-evolutioncultural industrymusiikkiteollisuusEducation0502 economics and businesskulttuuriteollisuus0202 electrical engineering electronic engineering information engineeringSocial mediaSociologyDynamismbusiness modelsstreamingBusiness and International ManagementMarketingta512media_commonta113Harmony (color)business.industry05 social sciencesconcertstrust-based IDBM with CCSDAdvertisingCreativityPopularityPublishingMusic industrybusinesselävä musiikki050203 business & managementkonsertit
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