The year of the music licensing legal wars

Sound recordings were indeed a “disruptive innovation,” to use a contemporary phrase. Some musicians in the aforementioned venues did lose their jobs. But without question, the net effect of sound recording was positive for musicians. As more people gained exposure to music through Victrolas and later their radio receivers, the overall demand for m

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Consumers transitioned from the ownership of physical CDs and Digital MP3s to accessing an unlimited catalog of music, for $9.99 / month (a price that has not changed almost 13 years later).