Challenges Faced by Modern Record Labels: Navigating the Digital Age
Think about the last time you bought a CD or vinyl record. Has it been a while? You're not alone. The music industry has undergone seismic shifts in the past few decades, with digital streaming and downloads becoming the norm. Record labels, once giants in the field, have had to adapt quickly to stay relevant. Today's landscape presents unique hurdles they must grapple with. For starters, there's the matter of sheer competition. In an age where anyone with a laptop can produce and distribute music, record labels are no longer [...]