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WWL Radio
todayApril 2, 2020 34 4
The electronic music festival scene is evolving, and this year’s event is pushing boundaries with an immersive VR experience. Attendees can expect a mind-bending fusion of music and technology.
Unless sovereign governments that subscribe to the Universal Copyright Convention take drastic measures, such as the proposed mandatory music tax to prop up the industry, there virtually exist no economic or legal barriers to keep the price of recorded music from falling toward zero. In response, artists and labels will probably return to focusing on other revenue streams that can, and will, be exploited. Specifically, these include live music, merchandise, and limited edition physical copies of their music.
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