Ownerships

The music industry has really changed within the last decade, through Production, Distribution and Exchange. Back then the process of making music, how the music gets to people and what changes hands between the people who own the music was mostly the record label.

In the 90's there was the big 6 ownership, it reduced in the late 90's where there was only the big 5 and in 2004 there was only 4 big ownerships left, they were, Universal, Sony, EMI and Warner. However between that time and now, it's not the big record labels who makes all the decision. In the Production, now the artist are a big part of the process of the making.

Social Networks, Youtube, Festivals/Concerts/ Pod Casts are some of many ways the music is distributed. Finally Itunes, the artists, Youtube are some things that changes hands between the people and the music.