Posts Tagged ‘Internet’

The Future of the Online Music Industry – An Uphill Climb or Crash?

Posted on 18 Jul 2010 at 2:20pm

It is always hard to believe that the Internet is less than 20 years in the popular domain. Throughout its short life it has been continually adopting a new and unpredictable guise and no one really needs to be told how it has revolutionized the music industry. Judging by the incalculability of this paradigm-shifting phenomenon, it would take an ignorant, and perhaps arrogant, point of view to predict where it will be going next.

But who better than Prince to rain on our parade and go so far as to declare it “dead”? The infamously aloof artist claimed that “the Internet’s completely over” and sees no point in handing over his precious compositions to the likes of iTunes, or any music-download site for that matter.  The artist formerly known as a symbol analogized the downfall of the world-wide-web with MTV: “At one time MTV was hip and suddenly it became outdated. Anyway, all these computers and digital gadgets are no good. They just fill your head with numbers and that can’t be good for you.”

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