... grown, especially the sales of classical music (Classical sales up by one million, 2004), due to a strong consumer economy. Today there is a revolutionary change in the external environment of the music retailing industry. This is due mostly to the developments in the world of information technology and the rapidly growing supermarket chains. Internet There exist three factors within the Internet, illegal downloading and file sharing, legal downloading and Internet retailing. As the computers have become more sophisticated and the speed of Internet connections has increased, it has become easier to download music files from the Internet. In Britain will 30 million songs be downloaded legally this year (2004) by 5million computer users (Taher, 2004) The vast majority of downloaded music is illegal and creates no profit for either the record companies or the retailers. In Britain only 2 per cent of the total downloading (Burrell, 2004) is coming from legal ...

See this essay or coursework document in full right now