Music Week Magazine Article On The Music Industry

Music Week magazine article In the Music Industry there are four main areas: 1. Live Performance 2. Record Companies/Labels 3. Publishing Companies 4. Artist Management It is vital to know how these four main areas of the music industry operate to this date, what is happening around you and the impact it has on the world. Also, it is important to understand their business mechanism, their role within Music Industry and the relationships between the areas and how they link. Live Performance: Live performance in the music industry is big because this is where the most money is made and how people get their most publicity. Since smart phones, and the Internet has become such a huge deal, buying CD’s is not as common as it was anymore, which is why live performance is where a lot of the money is made. The reason behind this is because a lot of the artists/bands fan bases much prefer watching them live as to listening to an edited, highly compressed electronic version. The live performance area consists of many different people with many different roles in the music industry, which are booking, planning, managing, promoting, setting up and performing. All roles in live performance are all just as important as each other and cannot be done without one another. The people that book and secure venues, also known as booking agents mainly book the artists/bands a venue for a specific time and date. But it is not the booking agents that decide on when and where to book for theShow MoreRelatedLady Gaga Dissing Katy Perry647 Words   |  3 Pagesbattle of pop music superstars, millions of people are aware of how Katy Perry and Lady Gaga are so similar in ways that fans would even start a war on who is actually the fake one. Katy Perry music videos, with meaningful and creative lyrics, touches many young teens to young adults hearts as they listen to her. 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