Possible Solutions to our Research Question

In terms of solutions to our research question How can record companies and signed artists better utilise the online music market to make money?, we have made the following suggestions:

The first suggestion is one that we mentioned earlier: that Internet Service Providers, or ISP’s, such as Optus Broadband pay record companies royalties when a customer downloads a particular artist’s music.

Second is the idea that record companies could fund projects such as Radiohead’s In Rainbows and NIN’s Ghosts I-IV, which have been shown to be successful methods of connecting artists with their fans.

Finally, record companies could potentially abolish physical CD’s and release music solely as digital downloads. This could be a way of saving on the costs of manufacturing and transporting CD’s, as digital files costs virtually nothing to copy and distribute.