'The Music Industry Crisis'

For most of the 20th century record companies made money by selling angel product - a vinyl, disc or CD. However, this is no longer the case. The rise of the internet and development in technologies have seen the increase of digital sales, illegal downloads and streaming (In 2009, 95% of music was downloaded illegally). Nowadays most want the music on their phone, so will download or stream it - music can be bought of the Apple Store for iphone users and Google Play for android users, or can be streamed through apps like Youtube and Spotify. Some major fans may buy a physical copy of the album, but on a much smaller scale than previous years.

Sales for CDs fall every year, and digital downloads continue to rise.

De-commodification:

A commodity always depends on it's status and it's value on it's relative scarcity; once the reproduction and distribution of that commodity become effectively free, then it necessarily loses that value and status.