DIGITALIZATION OF CULTURAL AND ARTISTIC DOMAINS - MUSICAL PROJECTS: A LITERATURE REVIEW

Teodora Irava and Mircea Georgescu
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Teodora Irava: Alexandru Ioan Cuza University of Iași
Mircea Georgescu: Alexandru Ioan Cuza University of Iași

Revista Economica, 2024, vol. 76, issue 2, 72-81

Abstract: In the 21st century, digitalization has revolutionized the music industry, reshaping every facet of how music is created, distributed, and consumed. This study explores the impact that technological developments - such as streaming platforms, artificial intelligence, and digital production tools - are having on artists, producers, and audiences alike. Our work, created based on a comprehensive literature review method, synthesizes current research and case studies to analyse the shift from physical albums to digital streaming, the broadening access to music production technology through accessible software, and how Artificial Intelligence is transforming music composition and recommendation systems. The literature review highlights how digitalization is presenting both opportunities and challenges that are transforming the sound, reach, and economics of music. In summary, this article aims to provide an overview of these changes, offering insights into the future of the music industry in the digital age.

Keywords: Music digitalization; Artificial Intelligence in music; Technology impact (search for similar items in EconPapers)
JEL-codes: O14 O32 Z11 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:76:y:2024:i:2:p:72-81

DOI: 10.56043/reveco-2024-0017

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