Technology and the Development of Sound Recording:
The first main area of this chapter discusses the evolution of sound recording, from wax cylinders and flat disks, to audiotapes and CDs, to DVDs and MP3s, and the conversion from analog to digital recording. It goes on to talk about how as radio stations began to play recorded music over its airwaves, there was a hate-then-tolerate relationship between record companies and radio stations in the beginning.
U.S. Popular Music and the Formation of Rock:
This section talks about the rise of pop music, with such legendary musicians as Louis Armstrong, Bing Crosby, and Frank Sinatra. It goes on to discuss how Rock gained popularity starting in the 1950's, and how race, gender, and geography, among other things, shaped it.
A Changing Industry: Reformations in Popular Music:
This section discusses how popular music changed over the years. It starts out by talking about the British invasion, namely the Beatles. It talks about the evolution of rock from the begining to mainstream, and everything in between including metal, punk, and grunge. It then talks about the evolution of rap and hip hop.
The Business of Sound Recording:
This section talks about the major recording labels and how they gained control of the market. It also discusses distribution and profiting from sound recording. It goes on to talk about the problems today of bootlegging and pirating music.
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I think that the biggest problem that the record companies are facing today is the issue of piracy. Several companies like LimeWire make it incredibly easy to find and download music without paying for it. Since there isn't really an effective form of policing the internet at the moment, sharing and distributing stolen music is easy and hard to trace. Most people, I think, have followed Apple's example and are now paying a relatively low price per song on iTunes.
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