The future of the music industry seems to be a very cloudy one. As we have mentioned before, the industry as a whole has failed miserably to merge with the latest in internet technologies. They have not embraced the latest changes and have found themselves struggling to get back in. The industry also faces piracy issues. People are buying fewer CD’s and are either pirating/stealing the songs from the net or borrowing them from their friends. The thieving of music has hurt the industry tremendously. Certainly artists and music companies are still making loads of money, yet there has been a huge decline in music sales. People are finding ways to listen for free, whether legal or not, rather than purchase the music themselves.

It is time for someone to take the music industry and shake it up. The old ways must go; it must embrace the newer technologies and the future that is in front of them. It would also help if people stopped stealing songs on the net. Something has to give, and the only way to see such a large change is for something big to happen and fast. Without these changes, the music industry will see some even tougher times ahead.