Does the emergence of the digital download signal the end for the music industry ?

The industry was in trouble from 1962 when Philips made cassettes which were rigid, small and the sound quality was good. The BPI realised this threat and they campaigned against it. With the ability to listen to music personally since Marantz created the personal stereo then Sony introduced a version with headphones in 1979, people had the ability to record their music and listen to it without buying it on cassette. CD’s were invented in 1980 allowing 74 minutes of music which was more than cassettes. When Fraunrofer realised they could decrease the size of files without destroying the quality, MP3’s flew onto the market starting with SaeHan 1998 to the iPod 2001 which stored 1000 albums. Lessing breaks down file sharing into four types
1) A substitute for purchasing - this will threaten the industry cause people won’t buy anything anymore
2) To sample the music before buying - since music is a commodity, the buyer should be able to try before they buy
3) To access copyrighted material not being sold - the industry is threatening themselves since the material isn’t available so they have to download it.
4) To access non-copyrighted material