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The MP3 serves as a medium for audio files to be compressed and more easily distributed. The MP3 is what makes streaming services like Tidal, Spotify and Apple Music possible. These streaming services don’t actually hold unlimited amounts of space for the audio data files, the files have to be efficient enough to be held and transported throughout the cloud. These services are useful for consumers because it allows us to be able to have access to our music files without having to physically store them on our devices. The consumption of music is a booming industry. It has become so central to almost every aspect of our lives. We can’t even imagine our phones without having the music app down at the bottom.
The MP3 was designed to maximize the portability of audio files, but unintentionally the MP3 has revolutionized the music industry. Artists are no longer selling physical albums and records like they use to. Everything these days is about how many times their songs get streamed or how many times it get viewed or listened to on YouTube. But one artist in particular is fighting the streaming industry. Pop singer Taylor Swift has removed her music from the Spotify platform. She states that the service devalues her music; she believes consumers should pay appropriately for her music. So while listening to music and access to music may be getting easier for consumers, some artists fell as though their sales are being hurt because of such streaming services. How do we decide what’s more important? Access and portability? Or artist profit? But with these advances in technology there are new ways for musicians like Taylor Swift to be profitable. While physical albums may not be as central as they use to be, advances in technology have offered social media as tools for increasing profit for entertainers.
Posted from Course Blogs by Shayla B.