In today’s music industry landscape, streaming has become the preferred method of distribution. In order to keep up with this new pace, companies will have to adapt and evolve quicker than ever to a shifting now digital landscape. We live in a world that’s mobile, where consumers want products delivered to them fast and easy. On-demand services dominate just about any and all industries. The speed of business has increased dramatically since the turn of the millennium.
Most of the world’s population have and own some sort of smart device, typically a cell phone, many with more processing power than previous generations of computers, in which most goods are available at the touch of a screen. The world has gotten smaller through the advent of social media platforms, where people now share everything from ideas to music playlists. Meanwhile technology continues to evolve and unfold so rapidly that even filing a patent may become obsolete some time in the near future. All of which have contributed to the changes in the music and entertainment industries.
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