June 29, 2009

Money is Made Around Music

In this video Media Futurist, Gerd Leonhard gives us a quick 1 min. breakdown of how music/musicians will make money off of music in the coming years and decades.

The old model of revenue has been broken for some time now and what we are currently watching is the final phasing out of CD's and the industry that has been built around it.

As music becomes less about ownership due to the availability of instantly accessing any song via the web, the music industry will be forced to find new streams of revenue to replace the old ones.

Wishing you continued success!

Cristopolis Dieguez

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