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"Since the first edition was published in 2009, Patrik Wikström's book has become a go-to text for students and scholars. This thoroughly updated third edition provides an international overview of the music industry and its future prospects in the world of global entertainment"--

Over the past fifteen years the music industry has experienced a disruptive process of digital transformation that has reshaped most aspects of the industry; in 2015 the contours of a "new music economy" have begun to emerge. The structure and mechanics of these evolutionary processes vary considerably between continents, and this book examines these processes within Europe, America and Asia. The contributors offer a range of theoretical perspectives, as well as empirical findings from the social sciences and business, as well as the media industries. They offer a holistic understanding of the

"The music industry is going through a period of immense change brought about in part by the digital revolution. What is the role of music in the age of computers and the internet? How has the music industry been transformed by the economic and technological upheavals of recent years, and how is it likely to change in the future? This is the first major study of the music industry in the new millennium. Wikström provides an international overview of the music industry and its future prospects in the world of global entertainment. They illuminate the workings of the music industry, and capture the dynamics at work in the production of musical culture between the transnational media conglomerates, the independent music companies and the public. The Music Industry will become a standard work on the music industry at the beginning of the 21st century. It will be of great interest to students and scholars of media and communication studies, cultural studies, popular music, sociology and economics. It will also be of great value to professionals in the music industry, policy makers, and to anyone interested in the future of music." -- Book cover

Introduction. PART I Business Models. 1. Disrupting the aged care business model / Erez Nusem, Cara Wrigley and Judy Matthews -- 2. Mobility horizons: Design in a disruptive market / Alex Garrett, Cara Wrigley, Nick Russell and Judy Matthews -- 3. The changing role of the designer in new business models based around 3D printing technologies / Paola Pisano, Marco Pironti and Alison Rieple -- 4. Designing for disruption: Strategic business model innovation / Julian Jenkins and Tim Fife

During times of crisis such as the Covid-19 pandemic, digital platforms are under public scrutiny to guarantee users' online safety and wellbeing. Following inconsistencies in how platforms moderate online content and behavior, governments around the world are putting pressure on them to curb the spread of illegal and lawful harmful content and behavior (e.g., UK's Draft Online Safety Bill). These efforts, though, mainly focus on overt abuse and false information, which misses more mundane social media practices such as racial stereotyping that are equally popular and can be inadvertently harmful. Building on Stoever's (2016) work on the "sonic color line", this article problematizes sound, specifically, as a key element in racializing memetic practices on the popular short-video platform TikTok. We examine how humorous audio-visual memes about Covid-19 on TikTok contribute to social inequality by normalizing racial stereotyping, as facilitated through TikTok's "Use This Sound" feature. We found that users' appropriations of sounds and visuals on TikTok, in combination with the platform's lack of clear and transparent moderation processes for humorous content, reinforce and (re)produce systems of advantage based on race. Our article contributes to remediating the consistent downplaying of humor that negatively stereotypes historically marginalized communities. It also advances work on race and racism on social media by foregrounding the sonification of race as means for racism's evolving persistence, which represents a threat to social cohesion.