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Music industry

The music industry (or music business ) sells [composition] s, [recording] s and [performance] s of [music] . Among the many individuals and organizations that operate within the industry are the [musician] s who [compose] and [perform] the music; the companies and professionals who create and sell recorded music (e.g., [music publisher] s, [producers] , [studio] s, [engineers] , [record label] s, [retail] and [online music store] s, [performance rights organisation] s); those that present [live music] performances ( [booking agents] , [promoters] , [music venue] s, [road crew] ); professionals who assist musicians with their careers ( [talent manager] s, [business manager] s, [entertainment law] yers); those who broadcast music ( [satellite] and [broadcast radio] ); [journalist] s; [educators] ; [musical instrument] manufacturers; as well as many others.

In the late 19th century and early 20th century, the music industry was dominated by the [publisher] s of sheet music. By mid-century [record] s had supplanted sheet music as the largest player in the music business: in the commercial world people began speaking of "the recording industry" as a loose synonym of "the music industry". Since 2000, sales of recorded music have dropped off substantially, while [live music] has increased in importance.

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