Originally Posted by FwdFtl
I've been reading a few articles lately about how music videos killed radio and how internet killed record sales. With that being said, what does the future of music business look like in the next 10+ years?
10 yrs ago (napster) everyone was claiming that the internet would kill the music business. Not even close, the industry has simply changed and adapted. Artists/agents put more emphasis on merchandising, appearances, advertising gigs, etc. Music videos on youtube are controlled by the labels themselves and ad space is sold before the video will play. Traditional FM radio hasn't suffered as much as many expected, and labels/artists are recognizing new channels like Pandora etc. to push their music, even make their own stations for people to listen to, and these to make money through advertising.