Itunes and its influence on the Music Industry
Published on Jun 22, 2021
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The Apple founder knew what music fans wanted, and they wanted a change in they way they listen to music.
The Apple Founder and chief executive, Steve Jobs, saw the internet in a different way. In 2002, he believed that music fans clearly wanted to download songs they liked in an affordable and wasy way rather than driving to a long distance just to buy an overpriced CD.
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Apple's Itunes store is the dominant digital music retailer in the United States, commanding almost 70 percent of the digital music market.
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- itunes has redifened the way people purchase music and the way all digital media is consumed.
- when the itunes store was released, they had to get approval from major companies and mostof them agreed so that people were able to distribute music legally
- The masses, immedialtely loved the idea of the itunes store because people would be buying a single for just $0.99.
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people were able to buy itunes gift cards for at least $10.
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Music artists are able to distribute their music
People that are just starting their music career are able to distrubute their music on Itunes and this way bigrecord companies would notice them.
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Here is a chart showing the growth in Itunes downloads
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