Business
The music industry refers to the business industry connected with the creation and sale of music. It consists of record companies, labels and publishers that distribute recorded music products internationally and that often control the rights to those products. Some music labels are "independent," while others are subsidiaries of larger corporate entities or international media groups. In the 2000s, the increasing popularity of listening to music as digital music files on MP3 players, iPods, or computers, and of trading music on file sharing sites or buying it online in the form of digital files had a major impact on the traditional music business. Many smaller independent CD stores went out of business as music buyers decreased their purchases of CDs, and many labels had lower CD sales. Some companies did well with the change to a digital format, though, such as Apple's iTunes, an online store that sells digital files of songs over the Internet.
Read more about this topic: MUSIC LOVER
Famous quotes containing the word business:
“A foreign minister, I will maintain it, can never be a good man of business if he is not an agreeable man of pleasure too. Half his business is done by the help of his pleasures: his views are carried on, and perhaps best, and most unsuspectedly, at balls, suppers, assemblies, and parties of pleasure; by intrigues with women, and connections insensibly formed with men, at those unguarded hours of amusement.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“Actually, if my business was legitimate, I would deduct a substantial percentage for depreciation of my body.
Contemplative and bookish men must of necessitie be more quarrelsome than others, because they contend not about matter of fact, nor can determine their controversies by any certain witnesses, nor judges. But as long as they goe towards peace, that is Truth, it is no matter which way.”
—John Donne (c. 1572–1631)
“Dishonesty in government is the business of every citizen.... It is not enough to do your own job. There’s no particular virtue in that. Democracy isn’t a gift. It’s a responsibility.”
—Dalton Trumbo (1905–1976)