Research on the British Music Industry

Over the past 10 years, the speed of revolution has been dizzying. Within this decade, we have witnessed the approach of music industry from iTunes, Amazon MP3, 7digital, YouTube, Spotify, Deezer, Rido, Vevo, Xbox Music, Google Play and many more alongside arrivals of social networking sites, such as Facebook, Twitter, smartphones, tablets, mass broadband, 3G and 4G mobile connections. These alterations has aided to development of digital revenues and diversity of services in the market in the UK. This has allowed meeting consumer’s variety of needs.  

Just like the US, Sweden and South Korea, UK also underwent an essential tilting point at the start of 2012 when digital music revenues overpowered physical music revenues for the first time. The introduction of affordable and easy to use tablets and mobile devices has brought more consumers to digital music, which awoke music business and digital music services to meet their desires.

Consumers are the primary of these changes. They’re encouraged by the designs, convenience and speed to transition from downloading to building a digital albums collection or subscribing to a streaming music service. The platforms meeting the growth of expectations are part of the ecosystem, such as labels, artists, publishers, digital services and technological services, which defines the great difference between the 2003 consumer and 2013 consumer of the music industry.

Social media has also been growing dramatically, especially in 2012 with its magnificent acts of allowing widely-known artists, such as Lady Gaga, set up their own social networks. In comparison with Blur, they turned towards the opportunity of debuting new songs. These advantages allowed the artists and fans to alter the engagement between them, especially with the introduction of Facebook’s Open Graph that acts as a foster engagement; it was first created in 2010 and was set available for third-party applications. It allowed users to log on to other music sites with your Facebook account, the music applicant, using the open graph technology, allowed users to post what they’re listening to onto their friends’ news feeds. It allows the post to gain likes, comments or even listen to the song straight from the post without having to relocate you in the specific location of the shared file.

UK labels are tactically in good position to advance to these developments. Since English is a global language, it allowed labels to build and connect with global fanbase using digital and social media marketing e.g. One Direction, Mumford & Sons and Muse. Nowadays, music can be marketed internationally more effectively than ever before.

Nevertheless, piracy is a yet unsolved issue to the music industry, yet the growing appeal of streaming services, like Vevo to we7, Spotify, Deezer and Rido, they progress on blocking illegal sites and shutting them down, placing help to carry users over from unlicensed sites to fully licensed ones.