The music industry is a market that has always played a key role, both economically and culturally.
It is one of the industries most affected by innovation, especially digital innovation, which have repeatedly disrupted its structure, operation and business models.
The music industry in its broadest sense is based on the creation and exploitation of intellectual property arising from the musical work, and that this common structure is distinguished into three macro-sectors with different logics and structures, which are:
- The recording industry: devoted to the recording and distribution of music.
- The live music industry: working to produce and promote concerts, tours and other musical events.
- The music licensing industry: which deals with the licensing of musical works that are exploited for different uses, such as the use of music within commercials or television programs.