New Music Economy is a term describing the emergent social, technical, political and economic context of the creative industries. This shift in context has been fueled by concurrent evolution within an ecosystem of interdependent technologies, institutions, and individuals; the result of which impacts the nature of creative property, identity, production, distribution and imagination.
The term New Music Economy is evolving out of new consumer behavior, methods of promotion and sales.
Read more about New Music Economy: Term Usage History
Famous quotes containing the words music and/or economy:
“Where should this music be? I’ th’ air, or th’ earth?
It sounds no more.”
—William Shakespeare (1564–1616)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)