After a discussion in class, I have come up with a few points that briefly summarizes the state of the music industry as of today:
*Most people in my class do not pay for music.
*Most people download music illegally.
*Therefore, creating financial problems for the music industry.
*Artists are now making money through touring, selling their tickets at extremely high prices.
*Artists sign 360 degree deals - this involves merchandising, clothes ranges, headphones and perfume deals etc.
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