The UK music industry is facing dramatic changes caused by shifts in the patterns people buy music tracks and albums. Online music distribution is changing the rules of the market introducing both major threats and growth opportunities for music labels and distributors. Whereas increased download opportunities and digital format preferences are threatening traditional music specialty stores, legal music websites and music producers have to find creative ways to fight back internet piracy to achieve targeted rates of returns. Online market demand is dominated by teenagers who have shifted their purchases from singles CDs to mostly illegal downloads of singles tracks, stimulated by continually evolving software and P2P networks. In order to survive, market players have to reconsider their strategies and value propositions – by mergers of music labels; flexible pricing and value-added offers by online distributors and active ethical campaigns, the challenge before these companies is to convert the internet medium from a threat to copyrighted material into an effective distribution channel. ...Show more
The UK music industry has been always in an innovative and leading over the last 60 years. Almost every piece, every genre of music we know today was born in a cradle of monarchy - United Kingdom…
Entertainment law covers various laws such as company law, contract law, sales of goods law, employment law, the contract law, the law of torts, the labor or employment law as well as the intellectual property (trademarks, and copyright law).The author describes in details each of the entertainment law's component.
Control on copyright and recording places potential limitations on the formal distribution channels, for instance, downloading music online (Burt and Sparks 2003, p74). In other words, formal distribution channels have been affected by recording and copyright controls and laws.
In 2001, four largest music companies in the world (British EMI among them) tried to combat the piracy by developing new software program that made impossible for online users to copy CD to internet. In spite of the fact that many analysts claimed that this step would reduce the quality of recording, the companies nevertheless implemented this program as they were resolved to fight online piracy by new technological means1.
Traditional media retailers on the other hand, may not have has as much luck, most suffering great losses and so have shut down. Record companies have become more aware and ever so persevering in trying to find ways to stay afloat.
The retail industry provides an exciting way of life for more than 3.2 million people who earn their livelihood in this sector of the U.K. economy. Retailers provide the goods and services needed--from food, auto parts, apparel, home furnishings, appliances and electronics to advice, home improvement and skilled labor.
In 2005, the company owns 1,984 sites of Pubs and Restaurants throughout the United Kingdom, and runs several well known retail brands in UK include the Vintage Inns, Ember Inns, Toby Carvery, etc ('What We Do', 2005). The company is still showing signs of active growth as it continues its rapid rate of corporate acquisitions.
This means they must segment their place in market. Because of recent activities, companies like MFlow are taking away users and profits from Spotify. Betting the farm on a core business model of scrobbling will not bring in necessary profits to survive loses already
However, the fact that services differ from other tangible products means that they require additional marketing approaches to successfully sell them. As such, this paper seeks to discuss the concept of services marketing and it
The owner will arrange premises and it is expected to incur a number of expenses for covering all types of expenses that will be required to commence this business. For example, it is expected that registration will cost £200 initially and monthly an advance of
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