iTake-Over: The Recording Industry in the Streaming Era
By (Author) David Arditi
Bloomsbury Publishing PLC
Lexington Books
21st December 2021
Second Edition
United States
Professional and Scholarly
Non Fiction
Music industry
Popular culture
384
Paperback
214
Width 153mm, Height 231mm, Spine 14mm
354g
The second edition of iTake-Over: The Recording Industry in the Streaming Era sheds light on the way large corporations appropriate new technology to maintain their market dominance in a capitalist system. To date, scholars have erroneously argued that digital music has diminished the power of major record labels. In iTake-Over, sociologist David Arditi suggests otherwise, adopting a broader perspective on the entire issue by examining how the recording industry strengthened copyright laws for their private ends at the expense of the broader public good. Arditi also challenges the dominant discourse on digital music distribution, which assumes that the recording industry has a legitimate claim to profitability at the expense of a shared culture.
Arditi specifically surveys the actual material effects that digital distribution has had on the industry. Most notable among these is how major record labels find themselves in a stronger financial position today in the music industry than they were before the launch of Napster, largely because of reduced production and distribution costs and the steady gain in digital music sales. Moreover, instead of merely trying to counteract the phenomenon of digital distribution, the RIAA and the major record labels embraced and then altered the distribution system.
A decade ago, the music recording companies argued that illegal downloading was destroying their industry. Arditi provides evidence that the major record labels are in a stronger position financially and politically now than prior to the digital revolution. Additionally, rather than being a passive victim of technology, the major firms have actively influenced the direction of change. . . The author predicts that the price of streaming services will increase in the future, and that music playlists will be based on consumer mood and activities, and furthermore that the negative impact of these changes on culture will be profound. Though this new edition was completed prior to the pandemic restrictions, which have dramatically impacted all segments of the economy, it remains relevant and is highly recommended reading for all those interested in the future of the music industry. Highly recommended. All readers.
* Choice *David Arditi is associate professor of sociology and director of the Center for Theory at the University of Texas at Arlington.