Broadly speaking, the Music
Industry comprises of singers & Musicians, music composers & Songwriters,
lyricists, music companies, record distributors, producers & managers, bands
and performers etc. Each of these musical entities contribute in creating,
distributing and performing music. Though the industry has expanded and come
a long way over time, it is still plagued by a number of problems such as
music piracy etc.
Today, music is being
distributed through radio and television, as well as online through websites
that allow music downloads etc. With the growth in technology, it has become
increasingly easy to gain access to your choice of music without actually
going out in the market and buying a cassette or CD and these factors are
not going down well with a lot of artists who are struggling to get their
fair share of earnings. Such factors need to be addressed seriously.