The breach created by digitally equipped Internet traffic has revolutionised the world of the music industry in terms of the consumer market, production and showcasing talent. This Channel empowered by personal computers and broadband Internet connection has forged a new world of music distribution and has taken away the initiative from all-powerful music and radio Conglomerates.
In less than a decade, Internet-savvy music hierarchy has seized control of commercial radio, music television (MTV) retail stores and record companies resulting in a morphed consumer intake of music programmes using digitally advanced platforms of message board, web pages and MP3 blogs.
These innovations created a musical ecosystem grid encompassing an amalgamation of thousands of micro-cultures called the ‘Wired Generation’.
Ethnomusicologists of the 20th century advocated that in the era of internationalism and multiculturalism songs and lyrics from many lands craft a cultural harmony and multicultural understanding for every human being. Emic and Etic views of music and concerns related to bimusicality and multi-musicality remain under discussion till today, providing an opportunity for present generations to dilate upon music's positive and negative impact on societies and cultures. However, empirically proven facts confirm that music can be used when shared between cultures in the right fashion, as an apparatus to develop understanding and brotherhood among people in this world.
Music is opened as a paraphernalia for social change and expression. Some of the notable examples concerning cultural revolutions in the music world are:-
The music industry offers significant economic impact globally, contributing to GDP, creating jobs and generating tangible financial benefits through multiple channels. Some examples are:-
1. United States of America.
2. Europe.
3. Different Channels contributed to economic impact.
Present-day technological advancements have revolutionised all aspects of human life domestically and internationally. Music industry is no exception. Three basic pillars of this industry, like production, consumption and dissemination of music have reached new heights of advancement and incorporating new evolving trends to address the challenges of 21st century. This journey has already Interfaced with a new player called Artificial Intelligence(AI)generated music.
Artificial intelligence is powered to compose distinctive music from previously available databases and has opened up another window of innovative music genres. AI is enhancing newly developed software platforms to help producers and artists with chores like in composing, mastering and auto-tuning.Hence, integration of these instruments can improve audio quality and expedite the creative process.
The wired Generation is experiencing the revolutionary impact of the music industry carried forward by artists and others. Unquestionably, technology has transformed the ways and means music is produced listened to, and shared. The future will unfold new avenues by offering both fans and artists multiple opportunities where they will transit into a digitally driven musical era.