Music Primer (Digital, Live, & Home Audio)
Digital music first emerged in the late 1990’s, disrupting the once stable music industry and its established value chain. The advent of digital music fundamentally changed the music ecosystem and consumer experience with music media. Today, digital music is a large and growing industry that generated nearly $7 billion in industry revenues in 2014. In this primer, we perform an in-depth examination of the digital music industry, its evolving business models, and impact on revenue streams.