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The day the music died 
From the book “The Cult of the Amateur” by Andrew Keen 
Tomass Tomsevics MMK group nr 94
What am I going to tell? 
• Falling music business between 2003 and 
2006 
• The reasons why it happened... 
• What else e...
Closing stores 
• 800 closed stores 2003- 2006 
• 106 closed stores in 2005 
• 378 closed stores in the first 5 months of ...
Falling sales 
15 
14.5 
14 
13.5 
13 
12.5 
12 
11.5 
11 
1999 
2005
Why?! 
• Oligarchic digital retail company dominated by 
Amazon.com, iTunes and MySpace 
• Internet piracy 
40 
30 
20 
10...
What’s happening now? 
• If you can’t beat ‘em, join ‘em! 
• New laws protecting artist rights
What else had suffered? 
• TV 
• Film industry 
• Writers 
• Others
Solutions 
New laws 
Education 
File 
protection 
Cooperation
Thank you for your attention!
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The day the music died

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The day the music died

  1. 1. The day the music died From the book “The Cult of the Amateur” by Andrew Keen Tomass Tomsevics MMK group nr 94
  2. 2. What am I going to tell? • Falling music business between 2003 and 2006 • The reasons why it happened... • What else except music had suffered... • What are the solutions?
  3. 3. Closing stores • 800 closed stores 2003- 2006 • 106 closed stores in 2005 • 378 closed stores in the first 5 months of 2006
  4. 4. Falling sales 15 14.5 14 13.5 13 12.5 12 11.5 11 1999 2005
  5. 5. Why?! • Oligarchic digital retail company dominated by Amazon.com, iTunes and MySpace • Internet piracy 40 30 20 10 0 Downloaded songs in 2005 Legally Illegelly
  6. 6. What’s happening now? • If you can’t beat ‘em, join ‘em! • New laws protecting artist rights
  7. 7. What else had suffered? • TV • Film industry • Writers • Others
  8. 8. Solutions New laws Education File protection Cooperation
  9. 9. Thank you for your attention!

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