Word: music
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Dates: during 2010-2019
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...contrast, studios and music labels have experienced limited success and even less profitability in the few instances when they have grudgingly embraced the Internet bogeyman. The prospect of tying their future success to online distribution scares them because it means they will need to develop new distribution and pricing models. (For example, Netflix can stream an unlimited number of Hollywood films for a monthly subscription fee, but this does not include new releases.) They will also need to figure out how to stop people from setting up clone video and music stores with pirated content...
...costly court battles rather than figuring out how to appeal to the next generation of movie enthusiasts and still make a buck. These younger consumers prefer to shop for movies online, watch them at their leisure on mobile devices and desktops and share them with friends. The studios and music labels have to figure out how to fit into that lifestyle, or else risk becoming obsolete...
...upshot is that the high castle walls built over the past 100 years by the film industry to establish privilege and protect monopolistic profits may soon come tumbling down, just as they have for the music industry. In keeping with the old storyline, the nimble David looks set to vanquish the myopic and overconfident Goliath...
Because of the 25-year rule, the Hall of Fame has not yet inducted any artist whose music career started after 1985. But soon the museum will encounter subgenre mania: contemporary rock music expanded exponentially in the '80s and '90s, shooting off one way into hip-hop, another way into alternative, still another into emo. With such a broad definition of rock 'n' roll, the museum may one day find itself struggling to fit acts like N.W.A. and Pavement into one induction ceremony. There really isn't one definition of what makes a song or band "rock" anymore. There...
...Meanwhile, outside the 11th Infantry Regiment headquarters in northern Bangkok where the Prime Minister has been working during the protests, demonstrators arrived on foot and by pickup trucks, cars, buses and motorcycles today. Troops in black riot gear stood guard at the gates as the military played music composed by King Bhumibol Adulyadej over loudspeakers. The 82-year-old constitutional monarch is regarded as a unifying figure in Thai society, but some opponents of the red shirts have questioned the demonstrators' loyalty to the crown...