A decade ago, the music recording companies argued that illegal downloading was destroying their industry. Arditi provides evidence that the major record labels are in a stronger position financially and politically now than prior to the digital revolution. Additionally, rather than being a passive victim of technology, the major firms have actively influenced the direction of change. . . The author predicts that the price of streaming services will increase in the future, and that music playlists will be based on consumer mood and activities, and furthermore that the negative impact of these changes on culture will be profound. Though this new edition was completed prior to the pandemic restrictions, which have dramatically impacted all segments of the economy, it remains relevant and is highly recommended reading for all those interested in the future of the music industry. Highly recommended. All readers.
