the music industry oligopoly big ones Warner is trying to buy EMI which makes it only 3 Still they don t always feel like that they are making money They are threatened by the recent illegal downloading When there is a combined consolidation of music and radio industry there is an increasingly narrow possibility of getting to the top 20 impact of the internet When music and radio are put together in their consolidated form they have a lot of power The Internet is shaking things up though Album sales have dropped tremendously while digital download sales rise 2010 2 billion Cd sales went down by 15 in 2010 10 209 Both online and offline retailers are struggling Itunes is not the biggest nation s distributor Record stores like the one on Guadalupe and 24th in Austin Jimmy Cliff hasn t been a record store for a very long time The ability to go to a record store is dropping while people are like the flexibility of buying music on itunes having a lot more individual control buying on their computers and phones file sharing and copyright infringement Illegal file sharing disadvantage of Internet Ex communism by downloading music Legal downloading is going up No more restrictions on MP3 etc Illegal download grew some but not as much
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