How has technological innovation affected the music industry? 🔊
Technological innovation has significantly transformed the music industry by enabling streaming services that provide instant access to vast libraries of songs. Artists can now distribute their music directly to listeners without traditional record labels, leading to new revenue models. Innovations like AI and data analytics allow for targeted marketing and consumer insights, enhancing how music is produced and consumed. Additionally, social media platforms help artists build their brand and engage with audiences directly, changing the dynamics of music promotion and discovery.
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