Music Influences the ecomony

“We have the opportunity to create a personal jukebox in the house and car.” “This is the takeoff point for the music business” (“A Little Net Music”, 34). These statements by AOL Chief Executive Stephen M. Case reflect the latest trend in the music industry for the distribution of recorded music. Advances in technology now allow individuals to record their own digital copies of music, with its high fidelity, from numerous Internet web sites. In 1999 approximately 100,000 …

…Business Week. 14 August 2000: 112-118. Berman, Denis K. “Why Napster Is Good News”. Business Week. 1 Aug 2000:76. Bull, Steven V, et al. “A little Net Music” Business Week. 7 Feb 2000: 34-35. Cohen, Warner. “Napster Rocks the Music Industry”. US News and World Report. 6 March 2000: 41. Farley, Christopher John. “Nirvana Is Just A Click Away”. Time. 14 Aug 2000: 73. Lyons, Daniel. “Turning Traitor”. Forbes. 24 Jan 2000: 131-132 How Trends In Music Can Influence The Economy By: Ian Thompson April 19, 2001 Honors Civics 213 Period H