The record industry underwent a significant transformation between 1890-2005, evolving from physical media sales to digital distribution. Here's a concise history:

The Early Days (1890s):

• Record players were invented but lacked content
• Electronics companies like Sony and Columbia began producing records to drive hardware sales
• The recording industry emerged when music proved more profitable than hardware

The Traditional Model (1900s-1990s):

• Artists earned income primarily through physical music sales (records, tapes, CDs)
• The industry thrived on selling complete albums rather than individual songs
• This era saw the rise of major record labels and traditional distribution channels

The Digital Transition (1990s-2005):

• Internet emergence disrupted traditional distribution models
• iTunes revolutionized music sales by allowing individual song purchases
• Streaming services like Spotify introduced subscription-based consumption
• Artists began exploring alternative revenue streams (live shows, merchandise, direct fan engagement)

Modern Opportunities:

• Digital platforms enable direct artist-to-fan relationships
• Multiple revenue streams: streaming, live performances, merchandise, licensing
• New promotional tools: social media, YouTube, independent distribution
• Artists have more control over their music and career direction

The record industry's hundred-year dominance of physical sales represents just a brief period in music's longer history. Today's digital age offers both challenges and opportunities for artists to reach audiences and monetize their work.

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