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Digitalization Of Cultural And Artistic Domains - Musical Projects: A Literature Review

Author

Listed:
  • IRAVA Teodora

    (Alexandru Ioan Cuza University of Iași)

  • GEORGESCU Mircea

    (Alexandru Ioan Cuza University of Iași)

Abstract

In the 21st century, digitalization has revolutionized the music industry, reshaping every facet of how music is created, distributed, and consumed. This study explores the impact that technological developments - such as streaming platforms, artificial intelligence, and digital production tools - are having on artists, producers, and audiences alike. Our work, created based on a comprehensive literature review method, synthesizes current research and case studies to analyse the shift from physical albums to digital streaming, the broadening access to music production technology through accessible software, and how Artificial Intelligence is transforming music composition and recommendation systems. The literature review highlights how digitalization is presenting both opportunities and challenges that are transforming the sound, reach, and economics of music. In summary, this article aims to provide an overview of these changes, offering insights into the future of the music industry in the digital age.

Suggested Citation

  • IRAVA Teodora & GEORGESCU Mircea, 2024. "Digitalization Of Cultural And Artistic Domains - Musical Projects: A Literature Review," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 76(2), pages 72-81, June.
    • Handle: RePEc:blg:reveco:v:76:y:2024:i:2:p:72-81
    DOI: 10.56043/reveco-2024-0017
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    References listed on IDEAS

    as
    1. Bender, Mark & Gal-Or, Esther & Geylani, Tansev, 2021. "Attracting artists to music streaming platforms," European Journal of Operational Research, Elsevier, vol. 290(3), pages 1083-1097.
    2. Sinclair, Gary & Tinson, Julie, 2017. "Psychological ownership and music streaming consumption," Journal of Business Research, Elsevier, vol. 71(C), pages 1-9.
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    Keywords

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    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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