Wednesday, 12 October 2011

Steve Jobs impact on the music industry

The Recent passing of Steve Jobs really got me thinking about his influence on Apple and the success of itunes. Apple products in general have changed my life and i'm sure they've changed yours. I can't imagine listening the music without my ipod. I remember When the Ipod first came out and it was such a novelty, now everyone has one.

Apple, and itunes in particular changed the revenue models for record companies. It provided an online distribution platform for individuals to buy songs to listen to rather than using illegal file sharing websites such as napster, Kazaa and Limewire. Record companies were forced to use itunes, selling mp3's for $0.99 each. You could even say that itunes saved the record industry because with the decline of CD sales and the increase in illegal files haring websites, Apple was able to present something that gave record companies a way to still gain profit.

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