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JOURNAL OF MARKETING DEVELOPMENT AND COMPETITIVENESS
The Future of the Music Industry
Author(s): Bohdan Pikas, Anastasia Pikas, Candice Lymburner
Citation: Bohdan Pikas, Anastasia Pikas, Candice Lymburner, (2011) "The Future of the Music Industry" Vol. 5, Iss. 3, pp. 139 - 148
Article Type: Research paper
Publisher: North American Business Press
Abstract:
The music industry has a problem with the advances in technology which allows for obtaining music for
free. The industry cannot rely on the sales of CDs as a primary source of income. The industry must
decide to spend millions of dollars in defending against illegal downloading or succumb to the release of
free music. The government is trying to deter this by instituting laws. The industry recently gave up on
preventing copying and downloading of purchased music by lifting the Digital Rights Management
software. Distributing music for free will become the future.
