First of all, one must consider the vast quantity of music that digitalization makes possible. Hargittai and Tepper write, "Digital storefronts like iTunes, Napster, Rhapsody, and MusicMatch offer upwards of three million tracks-the equivalent of about 300,000 CDs." Yet, even with this surplus of available songs, services such as these are not doing well. Paul Resnikoff, the founder and publisher of Digital Music News, reports in one of his posts, "The Power of Context: Can Music Stand On Its Own?" that "The iTunes Store has sold more than five billion downloads since 2003, but the real money for Apple has always been in hardware. Meanwhile, almost every other online store has been marginalized and punished with weak volume." The problem is, once again, illegal music downloading; not many people are actually using these service due to the ease in which they can acquire the same songs for free. Illegal or not, however, the general population is now consuming their music from sources in which there are a dizzying number of options to choose from, and in response bands must change the way in which they market themselves. For one thing, I believe that this new format could point in a positive direction as far as live shows and festivals are concerned. In an ind
One way that consumers may respond to the digitalization of music is by focusing more on the context through which the products are presented to them and less on the content of the songs themselves. A good example of what I mean by this is the way in which people pay for ringtones. As Resnikoff says, "A ringtone is worth money because it expresses who you are.... An MP3 is worth nothing because it's a static piece of content." In other words, the music industry needs to discover ways of presenting their products to online users in interesting ways that cause them to want to pay for their music as it helps them to form an identity. As more young people are spending vast amounts of time interacting with one another on the internet, people like Eric Wahlforss, co-founder of SoundCloud, a new music sharing and distributing platform, claim, "That social networks are turning into... modern radio channels... where young people tune into... the context that's in there. They are not just listening to the music isolated in itself." So, it becomes more about the presentation of the product that entices the buyer to spend their money. Although, so far, the digitalization of music has not even come close to repairing the enormous fiscal damage done by the ravaging of the CD's importance, it is interesting to see, first hand, a way that "new inventions in the way sounds, images and texts are produced and captured have changed the way that artists and writers work, leading to new styles... and forms... of expression" (Hargittai and Tepper). Not only has the new medium, through which musicians must work now, changed the way that they produce their material, it has affected the way in which listeners find, access, and relate to it as well.