Global music recording and distribution of businesses

Question 1

Types of distribution

Answer 1

1. Direct distribution = Producer - Customer = Soundcloud
2. Modern distribution = Producer - Retailer - Customer = Spotify
3. Traditional distribution = Wholesaler - Retailer - Customer

Question 2

4 part process

Answer 2

1. Music production
2. The role of the producer
3. Recording - different people can own the song and the recording
4. Distribution

Question 3

Key record labels

Answer 3

1. Universal music group
2. Sony music group
3. Warner music group

Examples of oligopolies - porters 5 forces (bargaining power of company or artist)