Other examples of the music industry losing profits due to illegal downloads, is the retail store HMV. Due to low album sales HMV are being forced to close down multiple stores around Britain to try and avoid becoming Bankrupt.
Thursday, 13 October 2011
State of Music Industry
From the beginning of this course we looked at the current state of the Music Industry, like the film industry last year, the music industry is in trouble due to online file sharing and illegal free downloading.
System of a Downs lead singer,Serj Tankian claims that there is no longer a music industry in an interview regarding the current state of the music industry. They also made a campaign against free downloading by making there Album title Steal This Album, as well as making the cover a white background with the text printed on the front.
Other examples of the music industry losing profits due to illegal downloads, is the retail store HMV. Due to low album sales HMV are being forced to close down multiple stores around Britain to try and avoid becoming Bankrupt.
Other examples of the music industry losing profits due to illegal downloads, is the retail store HMV. Due to low album sales HMV are being forced to close down multiple stores around Britain to try and avoid becoming Bankrupt.
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