This is a question that is often asked by artists, music lovers, and technology buffs. What’s Next in Music & Technology? It can be hard to predict where music will go in the future, not even independent tech websites like Inverse Geek (inversegeek.com), Tech Crunch, or Tech Radar. But here are some ideas to help you think about:
What’s Next in Music & Technology?
- Streaming: Streaming is quickly becoming the dominant way for people to listen to music. The industry as a whole is currently struggling with how it handles royalties for artists and rights holders. This could be because of its size or because the market is too young to be profitable for some. Read also: What Are the Best Music Streaming Services You Could Use?
- Record Labels: Record labels are a major player in the music industry, but many are struggling with how to make money. Some have attempted to use new technology like RecsPitch, which is an algorithm that allows music companies and artists cut out their record label middle man and host their own website. It’s still in its testing stages, but if it succeeds it could potentially be a huge deal for the industry.
- Streaming Radio: Streaming radio is growing in popularity because of its ease and convenience. It’s easy to find on your phone or computer and allows artists to reach their fans on a global level. , without the aid of a record label. This has been a growing trend in recent years, but streaming radio could face challenges with how it handles royalties and licensing rights.
- Download-to-own: In some countries, like the United States, there is a huge demand for download-to-own. People are buying music on iTunes or other stores to own rather than streaming and still own the music, which will have serious implications for the industry.
- Online Radio: Radio has always been one of the most popular ways to listen to music, but online radio is growing in popularity as well. It’s becoming a mainstay in many homes because it’s easy, convenient, and affordable. It also gives listeners a chance to hear new artists before they get big and stop playing the station. It’s a win-win situation for both listeners and the stations that are willing to take the risk of hosting it.
- Music Libraries: Libraries are starting to offer more digital options than they ever have before, which is great because it makes music more accessible and easy to search through. It also means that libraries won’t be losing as much money on the physical formats as they used to.
- Internet Radio: This is one of the most popular ways to listen to music at home and it’s becoming a mainstay in many homes. It’s easy, convenient, and affordable and gives listeners a chance to hear new artists before they get big and stop playing the station. It’s a win-win-win!
Vinyl Records, CDs, and Cartridges: No More But Not Forgotten
With the rise of digital music, vinyl records, CDs and cartridges have become less popular but not forgotten. Vinyl Records are still produced and used across the world by many people. Some of these individuals use those records to listen to their favorite music while others use them as gifts or sell them on online marketplaces. CDs continue to be produced in large quantities but they are quickly being replaced by digital music downloads.