How the MP3, Pirates and Apple Changed The Music Industry

When German engineer Karlheinz Brandenburg first released the MP3 format in the early 90s, it started a chain of events that disrupted the music industry. The RIAA initially viewed digital music files as an opportunity, but when Napster came around they became a threat. Steve Jobs came to the rescue, but that was temporary. Streaming soon changed the entire business again and the disruption continues today. Read more

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