Here's what is killing the Music Industry

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The music industry is a general term for all the parties involved in the creation, performance, recording, promotion, and management of the business of music. This was popularly known as one of the fastest growing industries in the world but unfortunately it is gradually going down because the government have broken the promise they outlined in 2020 to protect musicians and other creative industries from the impact of Brexit on tours to Europe. The essence of this article is to clearly mention one of the major things that is speedily killing the Music Industry. Piracy is exactly what I'm talking about and it refers to the unauthorised replication of music cassettes that flood the market as soon as the launch of a new release. Music companies' revenues hit hard by the deluge of pirated compact discs and cassettes, as these are available at substantially lower prices compared to that at stores. Sometimes, people indulge in this act because because they don't want to pay for the content they want to consume, or probably it's too costly.

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