The role of music industry in the 21st century is one of the most contentious and sought-after topics in modern history. The entertainment industry has changed profoundly over the last two decades, and music has been at the heart of these transformations. With the advent of digital media, streaming services, and online sales, the music industry’s commercial model has shifted from producing physical albums and CDs to selling digital downloads and licenses. In addition, major shifts in consumer behaviors have necessitated the creation of new kinds of media content, such as social media and user-generated content, to engage and monetize fans. The impact of the music industry’s changes on the individual artist is yet to be seen, but it can be argued that the new digital landscape holds transformative possibilities for musicians and fans alike.
In short, the role of the music industry in the 21st century has shifted significantly in terms of both its commercial model and its engagement with consumers. As a result, musicians and fans now have