Industry Change

As I mentioned in previous parts, the changes brought by the emergence of the Internet to the music industry are obvious. The Internet is a new technology, and as Dolata said, new technology is an important factor affecting the socio-economic and institutional reform of economic sectors. They can trigger changes in economic structure or organization and business model: help to establish new markets and market relations; change the existing pattern of cooperation and competition; Expand the scope of action open to new participants and make it necessary to adjust the regulatory framework; Or change the consumption pattern. These can be collectively referred to as the changes brought to the music industry.

Not only the music industry but other industries are also being quietly changed by the Internet, such as the gambling industry. Because of the Internet, some online casinos like Royal Vegas are growing. On the contrary, offline casinos no longer fully occupy the gambling market. This can not be said to be because the operation of offline casinos is not good, but the emergence of new technologies is destined to bring changes.

Therefore, we need to accept and learn to use new technology to make progress in the music industry. Although it has indeed changed the industry to some extent, the purpose is to spread music, let consumers enjoy it, and let artists make money, that's all.