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Effects of the Introduction of a High-Definition ‘HD’ Music Audio Quality Standard on the Recorded Music IndustrySAIBU, ISAIAH January 2015 (has links)
The emergence of the internet and digitisation has led to the disruption/transformation of therecorded music industry sector. This has resulted in a shift from physical to digital sales, which has also led to a decline in the global recorded music sector revenue. Although largely attributed to piracy and illegal music downloads, some have argued that this was as a result of the reduction in the perceived value of commercially distributed recorded music. The audio quality of music and user experience has specifically been highlighted to have suffered due to digitisation. Experience from the case of the introduction of HDTV gives an example of a similar industry sector that was able to revive itself by implementing high-definition (HD) quality standards. This thesis set out to investigate if such an approach could be applicable to the recording music sector in order to create a similar HD music quality standard. The methodology adopted, involved performing a comparative case study to analyse what lessons can be taken from the HDTV standardisation approach and how applicable it would be within the recorded music sector. This was coupled with interviews of industry actors that represent the value creation network/chain of the recorded music sector. The result suggests that such a standardisation approach could be applicable and benefit the recorded music sector; however, this is conditional on overcoming a number of challenges that were identified.
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