Description
Music subscription services such as Spotify, Apple Music, Tidal, Deezer, Pandora etc. are becoming increasingly popular and have had a profound impact on the music industry. They have also led to a redistribution process within the industry.
Give a brief overview of these services. Research and outline the direct and indirect, positive and negative economic impacts these services have on different parts of the industry such as:
- Consumers
- Artists
- Major Labels
- Independent labels
- Digital Download stores
- Physical retail
- Concert promoters and Festival
- Radio
- Telcos
Your paper must be no more than 1,500 words written in essay format. You must reference your work in accordance with the AIM Style Guide.