Digital Music Downloads
Music Industry Struggles
Though political factors, social demographics, and technologies are all favorable, the Music Industry is actually in the mature phase of its life cycle. This represents a paradox sense the Industry is fortified with strong demand, and the continual development of the kinds of new technology and associated business models. By traditional standards this should be a burgeoning growth area of the Economy. However, the struggles for the Major music labels to turn sustainable profits from the new paradigm of digital downloads, on-demand, and streaming digital suggests otherwise.