Saturday, December 28, 2019
New Forms Of Architecture Developed During The Renaissance...
Architecture is a significant topic when looking at historical shifts of time periods, especially when looking at the artistic shifts that occurred in the transition from the Medieval period into the Renaissance. New forms of architecture are considered one of the most important achievements that formed during the renaissance era. The form of architecture developed during this period mainly originated from Greek and Roman styles. These reappearing ideas became present in modern times in many different ways. Many architects such as Bartolommeo Bandinelli would design dome creations used mainly in the cathedrals of Florence. Not only were these domes larger and more extravagant than ever before, they were engineered in a way that their acoustics are still being studied and replicated today. The exterior elements of the Renaissance era domes were considered to be impressive artistically, but the interior elements were unique to many as well. Looking at such buildings today, you can see the detailed work that had been put in for many years in order to create such a beautiful building. The acoustics inside the dome were carefully crafted and incorporated into the structure of the dome itself, in order to enhance the ability for a crowd to hear. The acoustics of many theaters in Italy were designed to enhance the hearing for the varieties of music that were performed during these times. The Renaissance introduced the use of ââ¬Å"polyphonyâ⬠, which is a multilayered faster type ofShow MoreRelatedComparison of Two Historical Art Periods1131 Words à |à 5 Pages Comparison of Two Historical Art Periods: Middle Ages (Gothic) and Renaissance Architecture Christina Plunkett Western Governors University IWT1 Humanities Task 1 Gothic style came about in the middle of the twelfth century. It was named after the Goths that controlled France during that time. It was developed as a result of Christian ideals. Christian leaders wanted big, tall, ornate churches to represent their strong faith. Later it was also used for non-religious buildingsRead MoreTaking a Look at the Renaissance1027 Words à |à 4 PagesRenaissance is a generally accepted name for the era of great change in culture, art, and architecture which took place in the fifteenth-and sixteenth-century Italy, and then left its mark on the culture of the whole of Europe. During the Renaissance there was a significant shift of universally recognized values. They began to appreciate and recognize the creative possibilities of a human mind, which entailed a lot of consequences. One of them was the spectacular development of the architecture,Read MoreRollercoaster of Arts and Architecture Brought About by Napolean Bonaparte1083 Words à |à 5 Pages Rollercoaster of Arts and Architecture Before the 1800ââ¬â¢s, Europe went through many trials of major events, both good and bad, that gave people new outlooks on the world and changed many of their lives. In particular, the way art was developed and appreciated changed dramatically in most part because of the rule of Napoleon Bonaparte. Soon enough art would become a way for people, (even those without high-level education) to express themselves. The new styles of architecture and visual arts that NapoleonRead MoreHistory and Development of Baroque and Rococo and Their Influence Today3097 Words à |à 13 PagesIntroduction: The Baroque era was the building stone for the neo-classical and the rococo period. That made it to a developing style after reformations occurred and views changed. The Baroque style, which was an emphasized movement and always part of a renaissance, developed during the 16th century in Rome, Italy, and travelled later to France. Nevertheless, the Italian Baroque and the French Baroque are not comparable. Baroque is nowadays mainly famous for the French baroque era and due to Louis XIVsRead MoreEssay on An Analysis of the Renaissance and Romanticism Art Periods1241 Words à |à 5 PagesEurope, and is known today as the Renaissance. The word Renaissance literally (and fittingly) means ââ¬Ërebirthââ¬â¢ ââ¬â making it a fitting title for a period where interest in learning, philosophy, and the classical arts were ââ¬Ërebornââ¬â¢. Where the Middle Ages took the meaning out of the arts ââ¬â using paintings and sculptures for nothing more than decorations in houses of religion, for instance ââ¬â the Renaissance gave it back. Artists began to experiment and came up with new and original ideas instead of actingRead MoreThe Transition Of Art, Music, And Literature From The Gothic Age Through The Renaissance1261 Words à |à 6 Pagesââ¬Å"Discuss the art, architecture, music, or literature from the Gothic age through the Renaissance. Talk about the development of art, architecture, music, or literature during this period, the significant issues, technologies, or styles, and some of the cultural or social influences. Finally, list at least six individuals and their work that provides examples from your discussion.â⬠Comprehensive Essay The transition of art (incorporating the art spanning from paintings and architecture) from the GothicRead MoreThe Transition Of Art, Music, And Literature From The Gothic Age Through The Renaissance1261 Words à |à 6 Pagesââ¬Å"Discuss the art, architecture, music, or literature from the Gothic age through the Renaissance. Talk about the development of art, architecture, music, or literature during this period, the significant issues, technologies, or styles, and some of the cultural or social influences. Finally, list at least six individuals and their work that provides examples from your discussion.â⬠Comprehensive Essay The transition of art (incorporating the art spanning from paintings and architecture) from the GothicRead MoreHumanism and the Renaissance Arts1289 Words à |à 5 PagesWhen discussing the Renaissance; the most intimate area of focus are, art and architecture. Although no one really talks about Renaissance being an obvious era of some of the greatest and most innovative masters of painting, sculptures and builders. Or even that It is also the most influential eras that marked the emergence of a great deal of Scholars, thinkers, writers and philosophers. Regardless the Renaissance (a French word for ââ¬Å"rebirthâ⬠) was a much needed time for awakening, from the intellectualRead MoreThe Building Blocks Of The Renaissance Movement1601 Words à |à 7 PagesThe Building Blocks of the Renaissance Movement Some may think of the Renaissance as a single movement, but this movement actually consisted of three different periods known as the Early, the High and the Northern Renaissance. There were significant differences between each of these periods, as well as important leading figures from each. All three Renaissances were individual pieces of history that built upon the knowledge of each other. Without one, subsequent periods would not have been as successfulRead MoreGothic Architecture : Architecture And Architecture906 Words à |à 4 Pagesvery little to do with the architecture that was predominantly used from the twelfth to the sixteenth century. In fact the term ââ¬Å"Gothicâ⬠was coined by Renaissance Italians as a derogatory term referring to the Goths or Visigoths who were vanquished by Clovis in the sixth century and left no monumental trace of their invasion and therefore had no influence on what is now remembered as Gothic architecture. Despite the negative connotati on behind this style of architecture, it has had an enormous impact
Friday, December 20, 2019
Descriptive Essay About Women In Entertainment - 1738 Words
Women in Entertainment Essay Iââ¬â¢m Paulina Villalobos, Iââ¬â¢m Hispanic and I love new experiences. Both my parents were born in Mexico and immigrated here when they were young adults. I have an older sister and a younger brother, leaving me to be the middle child. I like reading, going out with friends, and spending time at home watching TV or movies. I started reading at a very young age and havenââ¬â¢t put a book down since. I just love how people can create completely different worlds and share it with others, who then in turn make those worlds their own. Also, I like how you can lose yourself in a book and put yourself in different situations that are exciting and new, almost refreshing your mind and taking a breather from whatever youââ¬â¢reâ⬠¦show more contentâ⬠¦My family doesnââ¬â¢t have a lot of experience with college so I donââ¬â¢t really know all of my options and how I can get more. My career goals are to be somewhat involved in the entertainment industry but behind the scenes. I want to have a job in the entertainment industry as a director of photography or a screenwriter, something that lets me be behind the camera and lets me share my ideas. I think I can make more of an impact in the entertainment industry being behind the scenes than I can if I was front and center of the camera. Being a screenwriter would allow me to create stories that empower women, humanize men, and give children people they can look up to and change their lives in a positive way. While being a DP wouldnââ¬â¢t give me the same control over those things, it still has an impact on the audience. The audience could see a man crying and the lighting on him would make him appear powerful rather than weak, and the same could be done for a woman choosing to leave an unhealthy situation. Some conflicts that may get in the way of my commitment to this program would be my film classââ¬â¢ shooting schedule, and missing school. I donââ¬â¢t have a problem missing Thursdays since I can always ask my teachers the day before what I would be missing and what I can do to make up the work weââ¬â¢ll do in class the next day, so that wonââ¬â¢t be a big problem. Although, Iââ¬â¢m curious to see if my absences will be excused or not, and ifShow MoreRelatedThe Poem Stripper by Mervyn Morris Essays797 Words à |à 4 Pageshimself to wine and music at a club but, unfortunately had to part-take in the performance of a female exotic entertainer which was not a part of his plan. Though, the poet had no intention in watching the entertainment, at the end of the poem it shows how much of an inspiration the entertainment and the ambiance had on him. The poem also speaks of the discomfort the performer had as if she had no voice as to what goes on but, merely have to accept it and do her job. Morris uses pun as his main deviceRead MoreThe Harlem Globetrotters, An Exhibition Basketball Team1490 Words à |à 6 PagesSearching for the perfect topic in any essay is always tough. So when I began to think about a research topic, I had no idea what to write about. I started to think about all the things that I love doing and have a passion for such as, hunting, fishing, and sports. Although with this research paper I wanted to pick something that is intriguing to me, but I donââ¬â¢t know a whole lot about. When it comes to hunting and fishing, Iââ¬â¢m pretty well informed. Although in sports, there are endless opportunitiesRead MoreThe Effects Of Hip Hop Music On Adolescents862 Words à |à 4 Pages(a Research Professor of Psychology at Clark University in Worcester, Massachusetts), who explained, women are used as props for the illusive life the music video is portraying the artist to have. The concern that hip-hop culture, as seen in music vid eos, has become heavily influential on young peopleââ¬â¢s views of sexuality. The concern about mainstream hip-hop music and music videos sexualizing women, in particular, is so omnipresent, many can even be referenced as ââ¬Å"rape cultureâ⬠by embedded sexualRead MoreAnalysis Of Shakespeares Play Julius Caesar By William Shakespeare1667 Words à |à 7 PagesWith the rise and fall of certain genres in theatre, the ever-changing dramatical theories put to action and the common view of entertainment and fashion over the years, a lot has changed in theatre practise since Shakespeareââ¬â¢s time. This essay will consider how William Shakespeareââ¬â¢s play ââ¬ËJulius Caesarââ¬â¢ may have been performed during the Elizabethan era and how the differences in process, scriptwriting, space and more may vary from todayââ¬â¢s recreations of his work. This should help to better understandRead MoreCultural Awareness. In This Paper, The Socio ââ¬â Cultural1256 Words à |à 6 Pagesto that specific group or society or nation. On the other hand, Sivakumar and Nakata (2001, p. 559) indicate that ââ¬Å"within any nation-state there is a modal set of values. Other values may co-exist, but one set is more common and thus broadly descriptive of the society as whole. This value set constitutes a countryââ¬â¢s national culture.â⬠Hence, despite the heterogeneous nature of individuals in a group, there is a common set of traits and values that influence their behavior as a group. HoweverRead MoreLove In A Maze1658 Words à |à 7 Pagesfemale author who wrote in the eighteenth century. She is best known for her novella called Fantomina: Or, Love in a Maze in 1724. In the Enlightenment era, ââ¬Å"the number of women writers grew as they became increasingly important in publishing domestic novels, Gothic fiction, literary translations, and essays on the rights of women to educationâ⬠and Haywood was one of them (Bird). Fantomina: Or, Love in a Maze, is a story of girl who is filled with desire and is given a little too much freedom and moneyRead MoreFavorite Room Essay1463 Words à |à 6 Pagesï » ¿Andrea Cropp Descriptive essay Do you have a favorite room in your house? Mine just so happens to be my bedroom. My bedroom is a place where I can go to relax, or to have some alone time. I like my room because the design, layout, and dà ©cor were all chosen by me to suit my needs. A person walking into my favorite room is able to learn about my likes and dislikes very easily. The room describes my personality. If you were asked to describe your favorite room in your home what would you say?Read MoreNotes On Reading : Https1593 Words à |à 7 Pagesabsurd. His persona exhibits one of a lunatic, yet it changes once during the passage. Preceding the speakerââ¬â¢s joyous rant about how infant s flesh will be in season throughout the year, he discussed abortion and how sacrificing poor innocent babies was inconceivable in paragraph 5 which is something a normal human would say. Then he returns to detailing his argument about the pros of eating the underprivileged children. The speaker s image seems quite apathet ic, yet in fact he is quite ironicRead MoreThe Representation Of Muslim Women2033 Words à |à 9 PagesThis research will demonstrate the concept of Quebec majority versus the ones that are considered other or minority, specifically Muslim women. The methodologies and surrounding utilized by the print media along with the specific scope of specific issues created polarization amongst minority and greater part gathers. This research will summon an Orientalist focal point to show how racializing talks are portrayed in a monitored subtext over and the news print to support the protection of QuebecRead MoreEssay on The Use of Laughter in Poetry by Langston Hughes2140 Words à |à 9 PagesThe Use of Laughter in Poetry by Langston Hughes Jessie Fauset explains in her essay The Gift of Laughter that black comedy developed not as a method for blacks to make people laugh, but as a necessary emotional outlet for black people to express their struggles and hardships. The funny man took on a much more serious emotion than appeared on the surface level. Comedy was one of the few means black people had available to them to express themselves. The paradoxical definition of
Thursday, December 12, 2019
General Information free essay sample
The issues to be discussed for the cases follow. Berkshire Hathaway ââ¬â Tuesday, September 7, 2004 Background: The case captures the dynamics of auditor-client relations. The SEC has recently been critical of the audit profession, arguing that CPA firms are too ready to agree with clients questionable accounting decisions. This case demonstrates what can happen to an audit firm when it stands up to an audit client over an audit issue. Actors: Warren Buffett, Peat Marwick partner in 1983, KPMG partner in 1984 (assume a new partner was involved) 1. Consider the merits of each sideââ¬â¢s position over the accounting treatment of the proportionate stock redemption (capital gain vs. dividend). Which position do you believe is correct? Explain why. (Note: a proportionate stock redemption is a transaction in which ownership interests are redeemed proportionate to the total shares outstanding. As a result, each shareholder owns the same percentage of the company after the redemption as before. For example, assume you owned 1000 shares of a company, representing 5 percent of the total shares outstanding. The company redeemed 10 percent of the shares. After the transaction, you own 900 shares, and they would still represent 5 percent of the total shares outstanding. ) 2. Do you think Peat Marwick made a good decision in demanding that Berkshire Hathaway account for the proportionate redemption as a capital gain? (Ignore whether you believe that the transaction should be treated as a dividend or capital gain. ) 3. Do you think Warren Buffett overreacted in firing Peat Marwick? Consider the quote from Warren Buffet in the Berkshire Hathaway annual report in your response. In analyzing this question, ignore whether you believe that the transaction should be treated as a dividend or capital gain. ) 4. Is GAAP a precise set of concepts? As an auditor, do you prefer precise accounting standards, or should companies have some flexibility in their application of GAAP? (The issue has sometimes been referred to as rule-based versus principle-based standards. ) 5. The audit firm reversed its pos ition regarding the proportionate stock redemption from 1983 to 1984. Why? Should the auditors have considered the potential for future transactions in their decision as to how to treat the proportionate stock redemption in 1983? 6. Was it necessary to restate the 1983 financial statements to be consistent with the 1984 treatment with respect to the recording of the proportionate stock redemption? 7. The dispute in this case was over an accounting principle. Would the outcome have been different if the dispute was over the amount of an accounting estimate (for example, the allowance for doubtful accounts)? Over Leigh Ann Walker Thursday, September 9, 2004 (Mark Dalton, Karen Siu, Luis Vasquez) Background: The case highlights the importance of ethics to the CPA profession. Actors: Leigh Ann Walker, Jackie Vaughan, Don Roberts (Group 1 ââ¬â Mark Dalto, Karen Siu, Luis Vasquez) 1. Do you believe Walkers actions call into question her personal integrity as an auditor? Consider whether her actions suggest whether she is likely to kitchen-table (perform work without charging the time), or prematurely sign-off (indicate work is completed without performing it). 2. Ignore that Walker was caught in the lie. Do you think her decision to lie was understandable? How else could she have addressed questions about her performance on the CPA exam? 3. Assume that Walkerââ¬â¢s intent was not to lie, but that she was merely caught off guard by Vaughnââ¬â¢s question. How could she have handled the situation? 4. Do you think Vaughn should have handled the situation differently? Explain. 5. Do you believe the firms response to the situation was appropriate? Explain. Are there other ways that the situation could have been successfully resolved? . Was it appropriate for the firm to promise Walker a good recommendation? Oak Industries ââ¬â Thursday, September 16, 2004 Tuesday, September 21, 2004 Background: Auditors have historically been more concerned with overstatements than understatements of earnings. However, recent SEC rulings suggest that auditors need to also be concerned about understatements of earnings, particularly when they are used to manipulate ea rnings in future periods. Actors: Oak Industries CEO, CFO, and controller (Group 4 ââ¬â Trine Juliussen, Sang Uk Jung, Laura Platler) . Some people would argue that creating ââ¬Å"rainy dayâ⬠funds is just conservative accounting. Why should investors and the SEC care about understatements of earnings? 2. Why did Oak Industries intentionally understate earnings? What other factors might motivate firms to understate their earnings? 3. Auditors have generally been more concerned about overstatements of earnings than understatements. Auditors have also normally only been concerned when those overstatements exceeded certain materiality limits, such as 5% of net income. Has this responsibility increased to extend to lower materiality limits and to understatements? Is this socially desirable? 4. As an auditor/investor, what sort of reported earnings would arouse your suspicions? Where would you look for manipulations of earnings? 5. The companyââ¬â¢s executives rejected the controllerââ¬â¢s recommendation to disclose the reversal of the rainy day reserves. What should the controller have done? Suppose you discovered a misstatement in a clientââ¬â¢s earnings, but the manager and partner told you to ignore it. What would you do? ACC 476/726 ââ¬â Fall 2004 Discussion Case Questions Regina Vacuum ââ¬â Thursday, September 23, 2004 Background: Regina is one of many high profile frauds involving manipulation of receivables and inventory. Often, these types of frauds can be readily identified through analytical procedures. Actors: Don Sheelen, KPMG partner, Regina chairman (Group 8 ââ¬â Liz Dwyer, John Orcutt, Chuck Sullivan) 1. Regina was sued for false advertising in an ad. Should that have affected how the auditors approached the audit? 2. What aspects of the fraud were most difficult to detect? What procedures should have allowed the auditor to detect them? 3. Calculate gross margin, inventory turnover, and accounts receivable turnover. What specific problems do these ratios identify? 4. The auditors detected one ship-in-place transaction, but were informed by the client there were no additional ship-in-place transactions. What should the auditors have done? 5. A CPA firm official stated, Were only human, and prefer to trust the people we are auditing. What is the appropriate degree of reliance to place on client inquiries? 6. Were the sentences in the case appropriate? Explain. BarChris Construction Tuesday, October 12, 2004 Major discussion issue What financial figures/ratios did the judge determine to be materially misstated? What factors did the judge appear to focus on? Do you agree with the judgeââ¬â¢s application of materiality? Actors: Judge McClean, Berardi, KPMG defense counsel (Group 2 ââ¬â Matthew Grimm, Yongmei Wang, Kristen Yamane) 1. What do you consider the highest risk areas on this audit? What makes these high risk areas? 2. Ignore that the sale and leaseback was to a related party. The judge ruled that the gain on the sale and leaseback was improper, even though allowed under GAAP. Is the decision by the judge a reasonable standard for auditors? 3. Assume that you are Berardi, the senior in the case. Should he be regarded as responsible for the many problems on the audit? What actions could he have taken to prevent the problems? Crazy Eddie Thursday, October 21, 2004 Major discussion issue According to SAS #99, auditors are responsible for detecting material fraud in the financial statements. Should the auditors be held responsible for failing to detect the fraud at Crazy Eddie? Justify your response. Actors: Eddie Antar, underwriter, Sam Antar, Main Hurdman partner, Main Hurdman auditor, accounting critic (Group 5 Laura Chiu, Fred Qian, Steve Sluty; Group 3 ââ¬â Jing-Yu Chen, Adfred De la Rosa, Jennifer Scarola) 1. Compute the gross margin ratio ([sales-cost of sales]/sales) and inventory turnover ratio (cost of sales/ending inventory). Note that cost of sales for a nine-month period must be annualized for the turnover ratio. Do these ratios provide any indication of problems? 2. What were the barriers to independence in this case? Are any of these violations of professional standards? 3. Assume you are a partner and have been offered the opportunity to audit Crazy Eddie just prior to the initial public offering. Would you accept the audit? Indicate factors favoring acceptance and factors favoring rejection. Howard Street Jewelers ââ¬â Thursday, October 28, 2004 Major discussion issue ââ¬â What major factors allowed this fraud to occur? What key factors should have helped prevent this fraud? Actors: Lore Levi, Julius Levi, Betty, Alvin Levi, accountant (Group 7 ââ¬â David Black, Wei Lu, Patricia Rice; Group 10 Brett Bushinger, David Lustig, Tanisia Nieves) 1. Consider the longevity of this fraud. What allowed this fraud to go undetected for so long? Do you think that most similar frauds are detected? 2. How was this fraud detected? What other warning signals should the Leviââ¬â¢s have watched for? What accounts or ratios may have signaled that a problem was occurring? 3. Were the cash shortages directly related to the fraud? If there is no theft of cash, why are businesses more likely to have cash shortages than overages? 4. The external accountant did not perform an audit in this case. Do you believe he bears any responsibility for the fraud? ACC 476/726 ââ¬â Fall 2004 Discussion Case Questions IFG Leasing Tuesday, November 16, 2004 Background and major discussion issue ââ¬â For certain businesses, the allowance for doubtful accounts is a high risk account. This case involves a simple, but creative method of understating the allowance for doubtful accounts. Why do you think the auditors failed to detect the problems with the aging summaries? Actors: CEO, CFO, Touche Ross partner, junior auditor, experienced auditor (Group 6 ââ¬â Joo Whan Lee, Jenny Ng, David Runyon; Group 11 Urooj Khan, Martin Oravec, Jennifer Thompson) 1. Ignore the problems with the accuracy of the aging. What factors should have indicated that the percentages used to determine the allowance were too low? What factors may have helped the auditors conclude the percentages used were adequate? How should allowance percentages be established? 2. There were two circumstances where staff auditors changed workpapers at the request of a partner. Do you think it was appropriate for the partner to ask the staff to make these changes? How would you react to the partners requests? 3. The adjustment recorded in 1982 was based on negotiation between the client and the auditors. Do you think this is unusual? 4. The audit staff was judged to be inexperienced. Do you think this is common? What actions could the staff person responsible for assessing the allowance account have taken? Bill DeBurger ââ¬â Tuesday, November 30, 2004 Major discussion issue ââ¬â Auditors need to evaluate large accounts based on sampling. This case illustrates the uncertainty that can arise in these tests. Actors: Bill DeBurger, Sam Hakes (Group 9 ââ¬â Christopher Duffy, Diane Mai, Meredith Veith) 1. Why do you think that Bill was uncertain regarding the value of the inventory?
Wednesday, December 4, 2019
Music industry report Essay Example For Students
Music industry report Essay These institutions were mostly small, independently created babbling companies run by entrepreneurs who would discover talent, create records and promote the performers live shows. Since these proprietorships were small in size, if an artist or group produced an album that did not sell well, the labeling companies would be forced to keep promoting their artist because other clients were harder to find due to competition among labels. Steve Chapel and Rebel Grafton, Rock n Roll Is Here to Pay: The History and Politics of the Music Industry (Chicago: Nelson-Hall, 1978), 46. Over the past half-century, some of these labels were either combined or purchased by other corporations, in turn putting only a few major corporate giants in control of music promotion. The corporations would loan money in order to pay for these entrepreneurial institutions, but they later found themselves in debt from all of the labels they had purchased. This then caused the corporations to fire the talent agents and entrepreneurs that brought these companies to tuition to begin with. Eventually the only people controlling, discovering and promoting talent were the large incorporated record labels. These record corporations nominated almost every aspect of music production. In order for an artist to become successful, they would need to sign a contract with one of these companies. These are commonly known as record deals, and without the promotion value of one of these corporations a group would have very little chance of achieving widespread popularity for themselves. Thus, the record corporations became the arbiters of taste for the music scene. In fact, they even had direct control over what songs are played on public radio stations, so the only music that was being exposed to the masses was from signed artists. Mark J. Percival, Music Radio and the Record Industry: Songs, Sounds, and Power. Popular Music and Society 34. 4 (201 1): 460. If a company did not like the way an artist sounded, they were not re-signed. If they did like their sound, a record contract would be negotiated. A new performer has relatively little bargaining leverage over the companies; hence the first contract that is signed is monetarily unfavorable for the performer. The most common form of contract would include an music industry report By Jar Simms capital or risk capital. Sums of money as large as $100 million have been given to ammos artists to write and sell a set number of albums, These albums are then produced, promoted, and sold to the public. The danger for the artist lies in how many albums they sell. The investment capital given to them by the company is based off of a projected number of sales. If the actual amount of sales is lower than this amount, then the artists owe the record company a portion of the investment capital. This puts the artist in debt, and in order to pay it off, the artist will be forced to sign yet another record contract and try to sell even more albums the second time around. After Maria Careers album Glitter failed to meet its enormous projected sales amount, MI Music canceled her contract and she found herself owing close to $72 million to the record company. MI Drops Maria Carrey, BBC News, wry. BBC. Com, 23 Jan. 2002 (accessed 25 Par. 2012). Thanks to her previous success she was able to overcome the loss and continue her singing career, but should something like this happen to a newly signed artist, their music career could effectively be over. Oftentimes the company drops an artist, and because of the contract agreements the artist cannot make music for anyone else. The entire system is therefore based off of the revenue earned by the record companies. .u8885ad61f8a9d1a87a0da8bb8d023b69 , .u8885ad61f8a9d1a87a0da8bb8d023b69 .postImageUrl , .u8885ad61f8a9d1a87a0da8bb8d023b69 .centered-text-area { min-height: 80px; position: relative; } .u8885ad61f8a9d1a87a0da8bb8d023b69 , .u8885ad61f8a9d1a87a0da8bb8d023b69:hover , .u8885ad61f8a9d1a87a0da8bb8d023b69:visited , .u8885ad61f8a9d1a87a0da8bb8d023b69:active { border:0!important; } .u8885ad61f8a9d1a87a0da8bb8d023b69 .clearfix:after { content: ""; display: table; clear: both; } .u8885ad61f8a9d1a87a0da8bb8d023b69 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u8885ad61f8a9d1a87a0da8bb8d023b69:active , .u8885ad61f8a9d1a87a0da8bb8d023b69:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u8885ad61f8a9d1a87a0da8bb8d023b69 .centered-text-area { width: 100%; position: relative ; } .u8885ad61f8a9d1a87a0da8bb8d023b69 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u8885ad61f8a9d1a87a0da8bb8d023b69 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u8885ad61f8a9d1a87a0da8bb8d023b69 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u8885ad61f8a9d1a87a0da8bb8d023b69:hover .ctaButton { background-color: #34495E!important; } .u8885ad61f8a9d1a87a0da8bb8d023b69 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u8885ad61f8a9d1a87a0da8bb8d023b69 .u8885ad61f8a9d1a87a0da8bb8d023b69-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u8885ad61f8a9d1a87a0da8bb8d023b69:after { content: ""; display: block; clear: both; } READ: On Being a Musician EssayThe performers main goal becomes keeping the record companies happy because they will only make money once they pass the projected album sales figure. This is a fundamentally flawed system because the artist represents an equal if not more important aspect of the music industry, and the traditional system exploits them. In order for this system to change in the musicians favor, a drastic reconstruction of the industry must take place. Theirs is still a deeply troubled business. Since 2000, when online file-sharing took off, global recorded-music sales have fallen from $26. Billion a year to $15. 9 billion, according to the IF, a trade group. Apple has helped to smash profitable albums into less profitable singles. High-street music shops are closing. Digital outlets such as tunes are not growing nearly fast enough to offset the decline in CD sales. Indeed, in many countries they are stuck in a niche. In Japan, 73% of spending on recorded music in 2010 was on CDC, DVDs and vinyl. Fewer than one- fifth of Britons bought digital music last year. Streaming services such as Spottily, which make money from advertising and subscriptions, are not yet helping much. They brought in Just 3% of total recorded-music revenues last year, according to the BPI, which represents British record labels. The new products unveiled by the Great Turtleneck One this week should push the digital market out of its niche. Apples cloud is not Just a storage locker for music. It will search devices for tracks purchased from the tunes store, and automatically give customers the rights to download the music to any Apple device. That puts Apples service ahead of recent offerings by Amazon and Google, which require users to upload music to the cloud. By making digital music purchases more accessible, it should raise their perceived value, leading to more sales. Which will scan computers for all music tracks and offer cloud-based access to them for $24. 99 a year. Apple will take a cut of sales and give the rest to the record companies. Whereas the cloud is simply better than the competition, this is a breakthrough. In effect, it will allow music companies to levy an annual fee for the use of their music, whether ripped from CDC or downloaded illegally. -http:// www. Economist. Com/node/18805473
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