Music Industry

The music industry refers to the collective business activities associated with the creation, production, distribution, and promotion of music. This industry encompasses a wide range of stakeholders, including record labels, artists, songwriters, producers, promoters, and distributors. It also involves live performances, music publishing, and various forms of music media (such as physical formats, digital platforms, and streaming services). The music industry is shaped by trends in technology, consumer behavior, and cultural influences. Its primary functions include talent development, marketing and sales of music products, managing copyrights and royalties, and facilitating live events, all aimed at monetizing music while connecting artists with audiences.