Describe the impact of technology on the rapid growth of the music industry
The past two centuries saw advancement in technology. This advancement has also affected the music industry in terms of production, distribution, accessibility. Among all other inventions, digitization of music impacted the sector more and acted as a catalyst. The size of the music player has now reduced to chips. They can now conveniently entertain you. The dynamics of the music industry was also affected by this.
In production: Technology change has contributed to the improvement of output. This change improved the quality of old instruments and launched new devices too. Electronic music has added a lot to it. It changes the music performance and its production. Electronic dance music can be produced with electronic music instruments.
In distribution: The internet service has helped the musicians to show their talent to the world. They do not have to transfer the hard-copies anymore. Websites like iTunes help selling a digital copy of music across the globe.
In promotions: Technology has made development more accessible. Nowadays, there is power in some icon that can make any good musician into a worldwide superstar. Social networking sites or YouTube or any other file sharing websites helped musicians to promote themselves easily.
Hence, technology has helped the music industry to flourish and grow more rapidly.