The Music Industry and how it works

The way that audiences listen and consume music has changed, due to the fact that we now have the ability to be able to download songs and music without having to manually carry around records and CDs, we find this a better method because it is more practical. We are also able to use file sharing, however this is actually illegal, this can be done through different music sites where you are able to successfully download music for free, this can also be done by the use of Bluetooth, receiving and sharing different pieces of media with absolutely no fee whatsoever. The amount that artists are gaining from selling their music is massively taken down because of record deals and being on a record label, bands such as arctic monkeys made themselves successful by putting their music on online networking sites so people can download their music and the whole profit goes straight to the arctic monkeys then they decide on a good deal that suits them as they have the power of being successful, they then decided to be on a record deal because it may benefit them but it is a deal that is not taking a massive percentage of their wage. Nowadays you can actually download a program of the internet to be able to record yourself singing and put this online on websites such as YouTube and other social networking sites, this is to help them get noticed and scouted but ultimately this is so they can achieve a record deal, to help them to become more successful and get their name and music heard. The real money that artists can make is from tours and doing gigs that the audience are paying 40-45 pounds to watch, the money they get from that is the full percentage as the record deal have not been involved unless they have been involved in setting it up.