Wednesday, 21 May 2008
week11 Does the music industry create the market?
I think the music industry does help create the market in some way. The music industry makes a demand and then fills those demands. In a way the music industry controls the consumer and the consumer controls the music industry. Although the music industry can not force you to buy music, they try to make you purchase it through always playing it on the radio, television and by telling you whats top in the charts. As a consumer of music myself, i buy the music i like rather than what is in the chart. This shows how the consumer controls the music industry because we let the them know what music we like by buying it. So the music industry produces music that is similar to the music that has made money before. So in conclusion the market and the music industry control each other.
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1 comment:
are you not subject to the advertising dollars of the music industry whether you buy what is in the chart or not?
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