Key Terms and definitions:

Production: How music is produced and recorded in the first place.

Distribution: How the music is released into shops, radio and downloads at different points of sale access.

Web 2.0: Second version of the Internet. It is responsible for change in distribution of music.

Convergence: A device in which has more than one function at the time, affecting the way we listen to music e.g. Mac -watch TV, iPlayer, MSN.

Consumption: How people get hold of CDs, downloads and consume them.

Vertical Integration: When a company locks in different levels of the products. Sony mp3- can only play music in the Sony format. Therefore, more Sony products means more profit.

Social Networking: Facebook, Myspace, Bebo etc

Snergy: creates the maximum profit for two or more companies teaming up e.g. NME and Domino, iPhone and O2.

Global Village: the world becoming a lot smaller through technology.