The Impact of Digital Age on Music Production

FAQ About The Impact of Digital Age on Music Production

What are the economic implications of digital music production and distribution?

Digital music production and distribution have significantly altered the economics of the music industry. While they have reduced costs for production and eliminated barriers for entry into the market, they also pose challenges in revenue distribution. Artists now earn differently, with income increasingly reliant on streams rather than album sales, affecting smaller artists disproportionately. However, global reach offers new monetization opportunities like merchandising and live streaming events.