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The music industry is one of the largest industries in the world. For many decades now this has been the way and there is no sign of deterioration. However people changing the ways in which they acquire music, this is due to the easy availability in illegal free music downloads from the Internet. This is causing the amount of money that can be made by musical artists to diminish.
Vinyl record and record tape (physical hardware) in times of old were the only way in which you could listen to music. The first CD that came about brought the first changes about.
The first medium to store music digitally so that it can be stored as a file and then put onto a computer and played was of course the CD. This was then the very first steps of the birth of the mp3.
From 20 years ago the storage of music has completely changed. In the 60’s you were only able to listen to your favourite music on a record player and now you can listen to it on a device no bigger than the palm of your hand. Not only can you listen to your favourite music but you can add and remove songs as and when you please.
Being able to listen to music has become so much easier over the years and it has also become a considerable amount cheaper. From many different websites music can now be brought and downloaded; this is usually done in an mp3 format. This process is a lot cheaper than going to the shops and buying a CD. This is causing people to favour the downloading of the mp3 more and more and this is causing the need to create CD less and less. This also means that companies’ costs are less so they do not need to charge as much to cover them.
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