‘Before the MP3 the music industry thought it sold music…’
Posted on: 14 juillet 2020, by : Eamonn Forde

“The MP3 file has become the URL,” said Spotify boss Daniel Ek 10 years ago, in 2010. Yet the MP3 lives on: it’s actually celebrating its silver (25th) anniversary today, with the file extension name .mp3 having been minted on 14 July 1995 by the Fraunhofer Society.
Within five years, the MP3 would be turning the record business on its head through its use by filesharing platforms like Napster, and (eventually) by legal music download stores.
This morning, British songwriters body The Ivors Academy and the Musicians’ Union are using the anniversary to remind the industry of their ‘Keep Music Alive’ campaign to reform the streaming ecosystem for artists.
The post ‘Before the MP3 the music industry thought it sold music…’ appeared first on Music Ally.
Source: Music ally

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