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Music Industry - Globalizing in Many Ways

THE MUSIC INDUSTRY - GLOBALIZING IN MANY WAYS

The music industry is in a time of growth at this very moment. The environment for its growth has been increasing rapidly on many geographical boundaries and has been established through information technology and Internet. In this paper I will analyze how the music industry not only has been affected by Globalization as an economic institution but also that it has become a worldwide-globalized commodity. First, I will begin by analyzing how the music industry, though its consumption is not a necessity, it is affected by large economic factors and has become a large Music Market. Furthermore I will analyze how the music market has globalizing tendencies for the consumers.

People get into their cars and listen to music, you walk into a shopping center and they are playing music; walk into a restaurant and they are playing music too, people listen to music in their work place as well. Runners listen to music as they exercise, you can even listen to music while you are sitting on the dentist chair. Everybody listens to music! Everywhere at anytime! Try to go on line and among other links on Travel, Stock Quotes, Sports or Entertainment, you'll find a link on Music. Ther


Many countries have adopted American music and accepted it as part of the globalization. Rasheed Al Roussan, a writer for STAR wrote: "It is no doubt that the "G" word, or globalization, has brought Bill Gates to the Middle East, the Internet to South Africa, McDonald's to Saudi Arabia-all that is new has replaced all that is traditional. Music, in accordance, has become a globalized commodity that is being sold like hotcakes. It is a battle of values. But we shouldn't look at music as the opium of people. On the contrary, music has played a catalyst role on the human development."

moving ahead and its economy is growing, but also this market has been attracting consumers not only where the major music corporations are located, but has been attracting customers from all over the world. It has been uniting and bringing consumers close to modern popular American music. You can go to any country outside the United States and American music is sold there and consumed. Try to go on any foreign website, Latino, Japanese or Samoan and among many titles you'll find names like Eric Clapton, Madonna, Matchbox 20 and many others. Buy any Latino Teen magazine and the latest fashion is the Britney Spears or Backstreet Boys look. Is it possible that traditional music and genres of each country will survive in an age of globalization and melting identities? Eric Friedman, a world-pioneering violinist, stated: "The wonderful aspect about music is that it doesn't know religion, country or language, it only knows humanity. Music is an emotional microcosm. To preserve local music, you need to educate people about it". Music, like almost any other commodity, has lent itself to Globalization. And globalization is upon it.

The Internet has become an easier and cheaper way of finding, sharing and creating alternative sources of information about the music industry. Fischer said that even retrieving audio and video from the Internet has become and will become increasingly easy, many will continue to be interested in buying authentic physical products such as CDs. This new 'virtual' economy will not substitute entirely for the 'physical' economy; the historical record certainly proves that no new technology ever completely substitutes entirely for an old. A good example of this is the continuing sales of vinyl records both new and old ( new vinyl records of new releases and old vinyl records of favorite artist or songs). Also all of today's Techno DJs rely on vinyl tracks to mix their ever-growing popular style of dance music, which range from Hip Hop, House and Trance. Another reason that people might continue to buy CDs or vinyl records and even cassette tapes, is that some consumers are limited to cyber sp

Some common words found in the essay are:
Mitchell Stahl, House Trance, Music Industry, Saudi Arabia-all, Market Furthermore, United Japan, Columbia House, INDUSTRY GLOBALIZING, Eric Friedman, Sports Entertainment, music industry, music market, popular music, vinyl records, listen music, consumption music, american music, volume 3 2, industry past, york nmpa, 3 2 pp, publishing revenues, beat volume 3, national music publishers, perfect beat volume,
Approximate Word count = 1827
Approximate Pages = 7 (250 words per page double spaced)


  

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