Library and Information Science Commons^™

(R)Evolution In The Information Industry: What The Information Industry Can Learn From The Music Industry, Amy M. Elliott

Library Faculty Publications and Presentations

A failure to adapt to and adopt new and changing technology caused the music industry to crash, a fate that the information industry currently faces. This paper is an overview of the music industry's crash, as a result of emerging digital technology, and the lessons that the information industry can learn from the music industry's mistakes in order to avoid its own crash now that technology allows for quicker, easier, and cheaper publication. In the 1980s and 1990s record companies refused to effectively adapt to and adopt the new digital technologies of CDs, MP3s, and digital recording. This resulted in …