Music Industry

The music industry refers to the sector of the economy that is involved in the creation, production, distribution, and promotion of music. It encompasses a wide range of activities, including the recording and selling of music, live performances, music publishing, licensing, and management of artists and their intellectual property. This industry includes various players such as record labels, music publishers, producers, songwriters, artists, musicians, and concert promoters. The music industry has evolved significantly with technological advancements, impacting how music is consumed, shared, and monetized, particularly with the rise of digital platforms and streaming services.