Music Industry Flashcards
Convergence
Technological: Hardware and software coming together across media.
Cross media: companies coming together across similar boundaries of production, distribution and consumption.
Distribution
Promoting music and getting it into shops, on the radio and downloaded for payment.
Production
The process of creating and recording music
Promotion and marketing.
An aspect of distribution that created interest in a media product.
Longtail
More niece music available.
Synergy
The interconnected marketing and distribution of related media products across s range of platforms and sectors.
Horizontal integration
Two companies coming together through merger.
Vertical integration
When a media company profits from all areas of production distribution and consumption
Exchange
How music products are given and recorded
Consumption
People buying CDs, downloading music, paying for live concerts and purchasing any related products