107-614: Kensington High Street is the main shopping street in Kensington , London , England. The area is identified in the London Plan as one of 35 major centres in Greater London . Kensington High Street is the continuation of Kensington Road and part of the A315 . It starts by the entrance to Kensington Palace and runs westward through central Kensington. Near Kensington (Olympia) station , where
214-420: A disruptive technology to the commercial interests which published sheet music. During the sheet music era, if a regular person wanted to hear popular new songs, he or she would buy the sheet music and play it at home on a piano, or learn the song at home while playing the accompaniment part on piano or guitar. Commercially released phonograph records of musical performances, which became available starting in
321-487: A road crew : a semi-permanent touring organization that travels with the artist during concert series. The road crew is headed by a tour manager . Crew members provides stage lighting , live sound reinforcement , musical instrument maintenance and transportation . On large tours, the road crew may also include an accountant, stage manager, bodyguard, hairdressers, makeup artists and catering staff. Local crews are typically hired to help move equipment on and off stage. On
428-422: A biography of Mozart. In the 19th century, sheet-music publishers dominated the music industry. Before the invention of sound recording technologies, the main way for music lovers to hear new symphonies and opera arias (songs) was to buy the sheet music (often arranged for piano or for a small chamber music group) and perform the music in a living room, using friends who were amateur musicians and singers. In
535-550: A building housing the Consulate of Romania and the Embassy of Paraguay . Kensington High Street is served by bus routes 9 , 23 , 27 , 28 , 49 , 52 , 70 , 328 , 452 , C1 , night routes N9 , N27 , N28 , N31 and Greenline routes 701 and 702 . It is also served by High Street Kensington Underground station , on the Circle and District lines. Kensington Kensington
642-415: A certain market niche. Only the industry's most popular artists are signed directly to the major label. These companies account for more than half of US market share. However, this has fallen somewhat in recent years, as the new digital environment allows smaller labels to compete more effectively. Total album sales have declined in the early decades of the 21st century, leading some music critics to declare
749-419: A composer's music might only be known in the city she lived in and its surrounding towns, because only wealthy aristocrats would be able to afford to have hand copies made of her music. With music printing, though, a composer's music could be printed and sold at a relatively low cost to purchasers from a wide geographic area. As sheet music of major composer's pieces and songs began to be printed and distributed in
856-464: A daily or hourly rate) in a recording session . In the 21st century, advances in digital recording technology have allowed many producers and artists to create " home studios " using high-end computers and digital recording programs like Pro Tools , bypassing the traditional role of the commercial recording studio. The record producer oversees all aspects of the recording, making many of the logistic, financial and artistic decisions in cooperation with
963-514: A fixed price per song or album, Spotify pays artists based on their "market share" (the number of streams for their songs as a proportion of total songs streamed on the service). Spotify distributes approximately 70% to rights-holders, who will then pay artists based on their agreements. The variable, and (some say) inadequate nature of this compensation, has led to criticism. Spotify reports paying on average US$ 0.006 to US$ 0.008 per stream. In response to concerns, Spotify claims that they are benefiting
1070-545: A label continues to be a popular choice for up-and-coming musicians, especially in genres like hardcore punk and extreme metal , even though indies cannot offer the same financial backing of major labels. Some bands prefer to sign with an indie label, because these labels typically give performers more artistic freedom. In the first decade of the 2000s, digitally downloaded and streamed music became more popular than buying physical recordings (e.g. CDs , records and tapes ). This gave consumers almost "friction-less" access to
1177-510: A laptop in a bedroom and to distribute it over the Internet to a worldwide audience. This, in turn, has caused problems for recording studios, record producers and audio engineers : the Los Angeles Times reports that as many as half of the recording facilities in that city have failed. Changes in the music industry have given consumers access to a wider variety of music than ever before, at
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#17328477358671284-542: A large amount of data is processed. Access to big data may increase transparency in the industry. Music publishing using machine-printed sheet music developed during the Renaissance music era in the mid-15th century. The development of music publication followed the evolution of printing technologies that were first developed for printing regular books . After the mid-15th century, mechanical techniques for printing sheet music were first developed. The earliest example,
1391-464: A large building project, which started in 1930 and was not complete until 1958 (the Second World War halted the project), the company made Derry & Toms and Barkers into Art Deco palaces. On top of Derry & Toms, Europe's largest roof garden area (1.5 acres (6,100 m)) was created, consisting of three different gardens with 500 species of plants, fountains, a stream, duck, flamingos and
1498-412: A nationwide and sometimes even a worldwide scale. Moreover, whereas attendance at the top symphony and opera concerts was formerly restricted to high-income people in a pre-radio world, with broadcast radio , a much larger wider range of people, including lower and middle-income people could hear the best orchestras , big bands , popular singers and opera shows. The "record industry" eventually replaced
1605-548: A number of distinguished residents. The Terrace was located roughly between present-day Wrights Lane and Adam and Eve Mews. Residents have included: Kensington High Street is one of West London most popular shopping streets, with upmarket shops serving a wealthy area. From the late 19th century until the mid-1970s the street had three classic department stores : Barkers of Kensington , Derry & Toms and Pontings . Barkers bought Pontings in 1906 and Derry & Toms in 1920, but continued to run all three as separate entities. In
1712-467: A percentage of the artist's income. An entertainment lawyer assists them with the details of their contracts with record companies and other deals. A business manager handles financial transactions, taxes, and bookkeeping. Unions, such as AFTRA and the American Federation of Musicians in the U.S. provide health insurance and instrument insurance for musicians. A successful artist functions in
1819-542: A performing artist and a venue owner and arranges contracts. A booking agency represents the artist to promoters, makes deals and books performances. Consumers usually buy tickets either from the venue or from a ticket distribution service such as Ticketmaster . In the US, Live Nation is the dominant company in all of these roles: they own most of the large venues in the US, they are the largest promoter, and they own Ticketmaster . Choices about where and when to tour are decided by
1926-504: A price that gradually approaches zero. However, consumer spending on music-related software and hardware increased dramatically over the last decade, providing a valuable new income-stream for technology companies such as Apple Inc. and Pandora Radio . According to IFPI, the global digital album sales grew by 6.9% in 2014. Source: Nielsen SoundScan, Official Charts Company/BPI, GfK and IFPI estimate. World music market sales shares, according to IFPI (2005) Prior to December 1998,
2033-580: A printer and publisher who was able to secure a twenty-year monopoly on printed music in Venice during the 16th century. Venice was one of the major business and music centers during this period. His Harmonice Musices Odhecaton , a collection of chansons printed in 1501, is commonly misidentified as the first book of sheet music printed from movable type. That distinction belongs to the Roman printer Ulrich Han's Missale Romanum of 1476. Nevertheless, Petrucci's later work
2140-433: A record company. In the 2000s, consumer electronics and computer companies such as Apple Computer have become digital music retailers . New digital music distribution technologies and the trends towards using sampling of older songs in new songs or blending different songs to create "mashup" recordings have also forced both governments and the music industry to re-examine the definitions of intellectual property and
2247-480: A report in 2012, noting that these labels controlled 88.5% of the market, and further noted: Note: the IFPI and Nielsen Soundscan use different methodologies, which makes their figures difficult to compare casually, and impossible to compare scientifically. Market shares as of September 2018 are as follows: The largest players in this industry own more than 100 subsidiary record labels or sublabels, each specializing in
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#17328477358672354-511: A restaurant – said to serve the best high tea in Kensington. In 1957, House of Fraser bought the Barkers Group and started to dismantle it. Pontings was closed in 1971, Derry & Toms in 1973, and a much condensed Barkers (from 600,000 square feet (56,000 m) over seven floors to 140,000 square feet (13,000 m) on less than four floors) was allowed to continue until January 2006, when
2461-549: A set of liturgical chants, dates from about 1465, shortly after the Gutenberg Bible was printed. Prior to this time, music had to be copied out by hand. To copy music notation by hand was a very costly, labor-intensive, and time-consuming process, so it was usually undertaken only by monks and priests seeking to preserve sacred music for the church. The few collections of secular (non-religious) music that are extant were commissioned and owned by wealthy aristocrats. Examples include
2568-627: A single composition and a single recording will typically be distributed via many media. For example, the song " My Way " is owned by its composers, Paul Anka and Claude François , Frank Sinatra 's recording of "My Way" is owned by Capitol Records , Sid Vicious 's recording of "My Way" is owned by Virgin Records , and the millions of CDs and vinyl records that can play these recordings are owned by millions of individual consumers. Songs , instrumental pieces and other musical compositions are created by songwriters or composers and are originally owned by
2675-481: A small tour with less financial backing, all of these jobs may be handled by just a few roadies or by the musicians themselves. Bands signed with small "indie" labels and bands in genres such as hardcore punk are more likely to do tours without a road crew, or with minimal support. Artists such as singers and musicians may hire several people from other fields to assist them with their career. The artist manager oversees all aspects of an artist's career in exchange for
2782-540: A three story building of contemporary fashion. It closed in 2000. Kensington High Street's future as a shopping street has been threatened by the large Westfield London , which opened a short distance away in Shepherd's Bush in late 2008. However, these factors may be offset to some extent – or even outweighed – by recent changes to the road layout, intended to make the street a more pleasant place to shop. The Royal Borough of Kensington and Chelsea decided to experiment with
2889-572: A wider area, this enabled composers and listeners to hear new styles and forms of music. A German composer could buy songs written by an Italian or English composer, and an Italian composer could buy pieces written by Dutch composers and learn how they wrote music. This led to more blending of musical styles from different countries and regions. The pioneer of modern music printing was Ottaviano Petrucci (born in Fossombrone in 1466 – died in 1539 in Venice),
2996-590: A wider variety of music than ever before, across multiple devices. At the same time, consumers spent less money on recorded music (both physically and digitally distributed) than they had in the 1990s. Total "music-business" revenues in the U.S. dropped by half, from a high of $ 14.6 billion in 1999 to $ 6.3 billion in 2009, according to Forrester Research . Worldwide revenues for CDs, vinyl , cassettes and digital downloads fell from $ 36.9 billion in 2000 to $ 15.9 billion in 2010 according to IFPI. The Economist and The New York Times reported that
3103-610: Is an area of London in the Royal Borough of Kensington and Chelsea , around 2.9 miles (4.6 km) west of Central London . The district's commercial heart is Kensington High Street , running on an east–west axis. The north-east is taken up by Kensington Gardens , containing the Albert Memorial , the Serpentine Gallery and Speke 's monument. South Kensington and Gloucester Road are home to Imperial College London ,
3210-518: Is another definable area of Kensington. The Royal Borough of Kensington and Chelsea forms part of the most densely populated local government district in the United Kingdom. This high density has come about through the subdivision of large mid-rise Georgian and Victorian terraced houses (generally of four to six floors) into flats. The less-affluent northern extremity of Kensington has high-rise residential buildings, while this type of building in
3317-560: Is less clear-cut. Some date it to the start of the Great Depression in the 1930s when the phonograph and radio supplanted sheet music as the driving force of American popular music, while others consider Tin Pan Alley to have continued into the 1950s when earlier styles of American popular music were upstaged by the rise of rock & roll . At the dawn of the early 20th century, the development of sound recording began to function as
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3424-564: Is paid to songwriters, composers and recording artists. This royalty is typically much smaller than publishing or mechanical royalties . Within the past decade, more than "15 to 30 percent" of tracks on streaming services are unidentified with a specific artist. Jeff Price says "Audiam, an online music streaming service, has made over several hundred thousand dollars in the past year from collecting royalties from online streaming. According to Ken Levitan, manager from Kings of Leon, Cheap Trick and others, "Youtube has become radio for kids". Because of
3531-504: Is signed. A publishing company will also promote the compositions, such as by acquiring song "placements" on television or in films . Recordings are created by recording artists , which includes singers , musicians (including session musicians ) and musical ensembles (e.g. backing bands , rhythm sections , orchestras , etc.) usually with the assistance and guidance from record producers and audio engineers . They were traditionally made in recording studios (which are rented for
3638-624: Is the largest owner of radio stations in the United States . In the first decades of the 2000s, the music industry underwent drastic changes with the advent of widespread digital distribution of music via the Internet (which includes both illegal file sharing of songs and legal music purchases in online music stores ). A conspicuous indicator of these changes is total music sales: since 2000, sales of recorded music have dropped off substantially while live music has increased in importance. In 2011,
3745-457: Is well served by public transport . Most of Kensington is served by three stations in the Travelcard Zone 1 : High Street Kensington , Gloucester Road and South Kensington . All three are served by the Circle line which connects them to London's railway terminals. The District line also serves all three stations, albeit on different branches; it links the latter two to Westminster and
3852-582: The City . The Piccadilly line also links South Kensington and Gloucester Road to the West End in about 10 minutes, and in the other direction to Chiswick , Ealing , Hounslow and Heathrow Airport in around 20–40 minutes, depending on the area of choice. In addition Kensington (Olympia) in Travelcard Zone 2 serves the western part of Kensington, with District line trains to Earl's Court and High Street Kensington. Nearby West Kensington station takes its name from
3959-494: The City of London . The building also houses Lebedev's TV channel London Live , with its news studio situated in part of the former department store, using St Mary Abbots church and Kensington Church Street as live backdrop. Kensington is crossed east–west by three main roads, the most important of which is the A4 Cromwell Road which connects it to Central London on the east and to Hounslow and Heathrow Airport on
4066-497: The Combined Counties Football League . Music industry The music industry refers to the individuals and organizations that earn money by writing songs and musical compositions , creating and selling recorded music and sheet music , presenting concerts , as well as the organizations that aid, train, represent and supply music creators. Among the many individuals and organizations that operate in
4173-598: The Domesday Book . The bishop's heir, Robert de Mowbray , rebelled against King William II and his vast feudal barony was forfeited to the Crown. Aubrey de Vere I thus became a tenant-in-chief , holding directly from the king after 1095, which increased his status in feudal England. He granted the church and an estate within the manor to Abingdon Abbey in Oxfordshire , at the deathbed request of his eldest son Geoffrey. As
4280-427: The Renaissance music era. His printing shop used the triple-impression method, in which a sheet of paper was pressed three times. The first impression was the staff lines, the second the words, and the third the notes. This method produced very clean and readable results, although it was time-consuming and expensive. Until the 18th century, the processes of formal composition and of the printing of music took place for
4387-421: The Royal Borough of Kensington and Chelsea ends and London Borough of Hammersmith and Fulham begins, it ends and becomes Hammersmith Road . The street is served by High Street Kensington underground station. In 1682, Francis Barry purchased land in Kensington and began to develop houses. From the 1690s to 1893, Kensington High Street was developed around a residential terrace, with large houses occupied by
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4494-634: The Royal College of Art , and Kensington and Chelsea College . The Olympia Exhibition Hall is just over the western border in West Kensington . Kensington is administered within the Royal Borough of Kensington and Chelsea, and lies within the Kensington parliamentary constituency. The head office of newspaper group DMGT is located in Northcliffe House off Kensington High Street in part of
4601-548: The Royal College of Music , the Royal Albert Hall , Natural History Museum , Victoria and Albert Museum , and Science Museum . The area is also home to many embassies and consulates. The manor of Chenesitone is listed in the Domesday Book of 1086, which in the Anglo-Saxon language means "Chenesi's ton " (homestead/settlement). One early spelling is Kesyngton , as written in 1396. The manor of Kensington, in
4708-547: The Squarcialupi Codex of Italian Trecento music and the Chantilly Codex of French Ars subtilior music. The use of printing enabled sheet music to be reproduced much more quickly and at a much lower cost than hand-copying music notation. This helped musical styles to spread to other cities and countries more quickly, and it also enabled music to be spread to more distant areas. Before the invention of music printing,
4815-513: The Westfield shopping centre in nearby White City. Kensington's second group of commercial buildings is at South Kensington , where several streets of small to medium-sized shops and service businesses are situated close to South Kensington tube station . This is also the southern end of Exhibition Road , the thoroughfare which serves the area's museums and educational institutions. The boundaries of Kensington are not well-defined; in particular,
4922-418: The artist's management and the artist, sometimes in consultation with the record company . Record companies may finance a tour in the hopes that it will help promote the sale of recordings. However, in the 21st century, it has become more common to release recordings to promote ticket sales for live shows, rather than book tours to promote the sales of recordings. Major, successful artists will usually employ
5029-654: The booking agents , promoters , music venues , road crew , and audio engineers who help organize and sell concerts. The industry also includes a range of professionals who assist singers and musicians with their music careers. These include talent managers , artists and repertoire managers, business managers , entertainment lawyers ; those who broadcast audio or video music content ( satellite , Internet radio stations , broadcast radio and TV stations ); music journalists and music critics ; DJs ; music educators and teachers ; manufacturers of musical instruments and music equipment; as well as many others. In addition to
5136-534: The death of the album . (For instance, the only albums that went platinum in the US in 2014 were the soundtrack to the Disney animated film Frozen and Taylor Swift's 1989 , whereas several artists did in 2013.) The following table shows album sales and market value in the world in 2014. Source: IFPI 2014 annual report. In its June 30, 2000 annual report filed with the U.S. Securities and Exchange Commission , Seagram reported that Universal Music Group made 40% of
5243-562: The 135-year-old department store was closed for good. Part of the Barker premises has now been taken over by American Whole Foods Market , which opened the UK's first organic superstore there in June 2007. The rest was added to existing office space used by the headquarters of Associated Newspapers . Kensington High Street was also the site of Biba in the 1960s and early 1970s. When Derry & Toms closed,
5350-402: The 1930s and 1950s, when records replaced sheet music as the most important product in the music business. In the commercial world, "the recording industry"—a reference to recording performances of songs and pieces and selling the recordings–began to be used as a loose synonym for "the music industry". In the 2000s, a majority of the music market is controlled by three major corporate labels:
5457-621: The 2000s, traditional lines that once divided singers, instrumentalists, publishers, record companies, distributors, retail and consumer electronics have become blurred or erased. Artists may record in a home studio using a high-end laptop and a digital recording program such as Pro Tools or use Kickstarter to raise money for an expensive studio recording session without involving a record company. Artists may choose to exclusively promote and market themselves using only free online video sharing services such as YouTube or using social media websites, bypassing traditional promotion and marketing by
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#17328477358675564-513: The British music industry , with the UK offices of major labels such as Universal Music Group , Sony Music , Warner Music Group and EMI all situated in the area. Furthermore, the second Kahn Design boutique in London is also located on this street. It is also the site of the former Roman Catholic Pro-Cathedral of England, Our Lady of Victories , now a parish church; Kensington Arcade ; and
5671-666: The French-owned Universal Music Group , the Japanese-owned Sony Music Entertainment , and the US-owned Warner Music Group . Labels outside of these three major labels are referred to as independent labels (or "indies"). The largest portion of the live music market for concerts and tours is controlled by Live Nation , the largest promoter and music venue owner. Live Nation is a former subsidiary of iHeartMedia Inc , which
5778-428: The Internet. With streaming services, the user pays a subscription to a company for the right to listen to songs and other media from a library. Whereas with legal digital download services, the purchaser owns a digital copy of the song (which they can keep on their computer or on a digital media player), with streaming services, the user never downloads the song file or owns the song file. The subscriber can only listen to
5885-536: The United States became known as Tin Pan Alley . The name originally referred to a specific place: West 28th Street between Fifth and Sixth Avenue in Manhattan , and a plaque (see below ) on the sidewalk on 28th Street between Broadway and Sixth commemorates it. The start of Tin Pan Alley is usually dated to about 1885, when several music publishers set up shop in the same district of Manhattan . The end of Tin Pan Alley
5992-476: The United States, the music industry arose in tandem with the rise of " black face " minstrelsy . Blackface is a form of theatrical makeup used predominantly by non-black performers to represent a black person . The practice gained popularity during the 19th century and contributed to the spread of negative racial stereotypes of African-American people. In the late part of the century the group of music publishers and songwriters which dominated popular music in
6099-450: The artists. The record producer has a range of different responsibilities including choosing material and/or working with the composers, hiring session musicians, helping to arrange the songs, overseeing the musician performances, and directing the audio engineer during recording and mixing to get the best sound. Audio engineers (including recording , mixing and mastering engineers ) are responsible for ensuring good audio quality during
6206-420: The business relationship between a recording artist and the record company. In a traditional contract, the company provides an advance to the artist who agrees to make a recording that will be owned by the company. The A&R department of a record company is responsible for finding new talent and overseeing the recording process. The company pays for the recording costs and the cost of promoting and marketing
6313-519: The businesses and artists there are organizations that also play an important role, including musician's unions (e.g. American Federation of Musicians ), not-for-profit performance-rights organizations (e.g. American Society of Composers, Authors and Publishers ) and other associations (e.g. International Alliance for Women in Music , a non-profit organization that advocates for women composers and musicians ). The modern Western music industry emerged between
6420-516: The charging hours Monday-Friday to pay a daily fee of £8). In 2020 a temporary cycle lane on Kensington High Street caused a nationwide media stir. The temporary cycle lane was installed by the local council in September 2020 with £700,000 in funding from central government grants, but it was removed in December 2020. Kensington has one football team, Kensington Borough F.C. , which currently plays in
6527-499: The composer, although they may be sold or the rights may be otherwise assigned. For example, in the case of work for hire , the composition is owned immediately by another party. Traditionally, the copyright owner licenses or "assigns" some of their rights to publishing companies , by means of a publishing contract . The publishing company (or a collection society operating on behalf of many such publishers, songwriters and composers) collects fees (known as " publishing royalties ") when
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#17328477358676634-417: The composition is used. A portion of the royalties are paid by the publishing company to the copyright owner, depending on the terms of the contract. Sheet music provides an income stream that is paid exclusively to the composers and their publishing company. Typically (although not universally), the publishing company will provide the owner with an advance against future earnings when the publishing contract
6741-412: The concept of shared space , which deputy leader Daniel Moylan had studied abroad. Railings and pedestrian crossings were removed, thereby enabling pedestrians to cross the street wherever they choose. Bicycle racks were placed on the central reservation. The effect over two years was a reduction in accidents, down 44% against a London average of 17%. Kensington High Street is also home to a large part of
6848-543: The consumers after they buy them. Buyers do not typically have the right to make digital copies from CDs or other media they buy, or rent or lease the CDs, because they do not own the recording on the CD, they only own the individual physical CD. A music distributor delivers crates of the packaged physical media from the manufacturer to the retailer and maintains commercial relationships with retailers and record companies. The music retailer pays
6955-521: The county of Middlesex , was one of several hundred granted by King William the Conqueror (1066–1089) to Geoffrey de Montbray (or Mowbray), Bishop of Coutances in Normandy, one of his inner circle of advisors and one of the wealthiest men in post- Conquest England . He granted the tenancy of Kensington to his follower Aubrey de Vere I , who was holding the manor from him as overlord in 1086, according to
7062-466: The de Veres became Earls of Oxford , their principal manor at Kensington came to be known as Earl's Court, as they were not resident in the manor, and their manorial business was not conducted in the great hall of a manor house but in a courthouse. In order to differentiate it, the new sub-manor granted to Abingdon Abbey became known as Abbot's Kensington and the church St Mary Abbots . The original Kensington Barracks , built at Kensington Gate in
7169-630: The debut of the Apple iTunes Store in 2003. The popularity of music distribution over the Internet has increased, and by 2011 digital music sales topped physical sales of music. In 2008, Atlantic Records reports that digital sales have surpassed physical sales. However, as The Economist reported, "paid digital downloads grew rapidly, but did not begin to make up for the loss of revenue from CDs". After 2010, Internet-based services such as Deezer , Pandora , Spotify , and Apple's iTunes Radio began to offer subscription-based " pay to stream " services over
7276-560: The decline in sales of recordings. The 2008 British Music Rights survey showed that 80% of people in Britain wanted a legal peer-to-peer (P2P) file-sharing service, however only half of the respondents thought that the music's creators should be paid. The survey was consistent with the results of earlier research conducted in the United States, upon which the Open Music Model was based. Legal digital downloads became widely available with
7383-586: The distributor, who in turn pays the record company for the recordings. The record company pays mechanical royalties to the publisher and composer via a collection society. The record company then pays royalties, if contractually obligated, to the recording artist. When music is digitally downloaded or streamed , there is no physical media other than the consumer's computer memory on his or her portable media player or laptop. For this reason, artists such as Taylor Swift, Paul McCartney, Kings of Leon, and others have called for legal changes that would deny social media
7490-451: The downward trend was expected to continue for the foreseeable future. This dramatic decline in revenue has caused large-scale layoffs inside the industry, driven some more venerable retailers (such as Tower Records ) out of business and forced record companies, record producers, studios, recording engineers and musicians to seek new business models . In response to the rise of widespread illegal file sharing of digital music-recordings,
7597-415: The early illegal file sharing days. However, the multitude of service offerings and revenue models make it difficult to understand the true value of each and what they can deliver for musicians and music companies. As well, there are major transparency problems throughout the music industry caused by outdated technology. With the emerging of new business models as streaming platforms, and online music services,
7704-483: The end of the 1980s, the "Big six" — EMI , CBS , BMG , PolyGram , WEA and MCA — dominated the industry. Sony bought CBS Records in 1987 and changed its name to Sony Music in 1991. In mid-1998, PolyGram Music Group merged with MCA Music Entertainment creating what we now know as Universal Music Group . Since then, Sony and BMG merged in 2004, and Universal took over the majority of EMI's recorded music interests in 2012. EMI Music Publishing , also once part of
7811-514: The former boundaries with Hammersmith and is not in the Borough. A number of local bus services link Kensington into the surrounding districts, and key hubs are Kensington High Street and South Kensington station. These bus services were improved in frequency and spread from 2007 until 2010 when the western extension of the London congestion charge area existed (which required drivers of cars and vans during
7918-466: The iconic store took the building and accentuated its Art Deco style further. But the 1970s recession, coupled with idealistic business ideas, killed Biba in 1975. The Derry & Toms roof gardens still remain, now known as the Kensington Roof Gardens which Richard Branson 's Virgin occupied as a tenant from 1981 to 2018. Kensington Market opened on Kensington High Street in 1967. It was
8025-408: The industry are: the songwriters and composers who write songs and musical compositions; the singers , musicians , conductors , and bandleaders who perform the music; the record labels , music publishers , recording studios , music producers , audio engineers , retail and digital music stores , and performance rights organizations who create and sell recorded music and sheet music; and
8132-473: The industry was dominated by the "Big Six": Sony Music and BMG had not yet merged, and PolyGram had not yet been absorbed into Universal Music Group. After the PolyGram-Universal merger, the 1998 market shares reflected a "Big Five", commanding 77.4% of the market, as follows, according to MEI World Report 2000: In 2004, the joint venture of Sony and BMG created the 'Big Four' at a time the global market
8239-681: The large Barkers department store building. In addition to housing the offices for the DMGT newspapers Daily Mail , Mail on Sunday and Metro , Northcliffe House also accommodates the offices of the newspapers owned by Evgeny Lebedev : The Independent , The Independent on Sunday , and the Evening Standard . The i newspaper, sold to Johnston Press in 2016, is still produced from offices in Northcliffe House. Most of these titles were for many decades produced and printed in Fleet Street in
8346-429: The largest recorded music retailer in the world was now a digital, Internet -based platform operated by a computer company: Apple Inc. 's online iTunes Store . Since 2011, the music industry has seen consistent sales growth with streaming now generating more revenue per year than digital downloads. Spotify , Apple Music , and Amazon Music are the largest streaming services by subscriber count. The main branches of
8453-399: The late 1880s, and later the onset of widespread radio broadcasting , starting in the 1920s, forever changed the way music was heard and listened to. Opera houses, concert halls, and clubs continued to produce music and musicians and singers continued to perform live, but the power of radio allowed bands, ensembles and singers who had previously performed only in one region to become popular on
8560-525: The late 18th century, were demolished in 1858 and new barracks were built in Kensington Church Street. The focus of the area is Kensington High Street , a busy commercial centre with many shops, typically upmarket. The street was declared London's second best shopping street in February 2005 due to its wide range and number of shops. However, since October 2008 the street has faced competition from
8667-461: The majority of their income, which in turn has made them more dependent – like pre-20th-century musicians – on patrons, now exemplified by music promoters such as Live Nation (which dominates tour promotion and owns or manages a large number of music venues ). In order to benefit from all of an artist's income streams, record companies increasingly rely on the " 360 deal ", a new business-relationship pioneered by Robbie Williams and EMI in 2007. At
8774-491: The market as a brand and, as such, they may derive income from many other streams, such as merchandise , personal endorsements, appearances (without performing) at events or Internet-based services. These are typically overseen by the artist's manager and take the form of relationships between the artist and companies that specialize in these products. Singers may also hire a vocal coach , dance instructor , acting coach , personal trainer or life coach to help them. In
8881-470: The market: After the absorption of EMI by Sony Music Entertainment and Universal Music Group in December 2011 the "big three" were created and on January 8, 2013, after the merger there were layoffs of forty workers from EMI. European regulators forced Universal Music to spin off EMI assets which became the Parlophone Label Group which was acquired by Warner Music Group. Nielsen SoundScan issued
8988-528: The most part with the support of patronage from aristocracies and churches . In the mid-to-late 18th century, performers and composers such as Wolfgang Amadeus Mozart began to seek more commercial opportunities to market their music and performances to the general public. After Mozart's death, his wife ( Constanze Weber ) continued the process of commercialization of his music through an unprecedented series of memorial concerts, selling his manuscripts, and collaborating with her second husband, Georg Nissen , on
9095-426: The music business by migrating "them away from piracy and less monetized platforms and allowing them to generate far greater royalties than before" by encouraging users to use their paid service. The Recording Industry Association of America (RIAA) revealed in its 2015 earnings report that streaming services were responsible for 34.3 percent of the year's U.S. recorded-music-industry revenue, growing 29 percent from
9202-504: The music industry are the live music industry, the recording industry , and all the companies that train, support, supply and represent musicians. The recording industry produces three separate products: compositions (songs, pieces, lyrics), recordings (audio and video) and media (such as CDs or MP3s , and DVDs ). These are each a type of property : typically, compositions are owned by composers, recordings by record companies, and media by consumers. There may be many recordings of
9309-555: The north east is situated the large public Royal Park of Kensington Gardens (contiguous with its eastern neighbour, Hyde Park ). The other main green area in Kensington is Holland Park , on the north side of the eastern end of Kensington High Street. Many residential roads have small communal garden squares , for the exclusive use of the residents. The sub districts of Kensington: South Kensington and Earl's Court also consist largely of private housing. North Kensington and West Kensington are largely devoid of features to attract
9416-683: The now defunct British conglomerate, is now co-owned by Sony as a subsidiary of Sony/ATV Music Publishing . As in other industries, the record industry is characterised by many mergers and/or acquisitions, for the major companies as well as for middle sized business (recent example is given by the Belgium group PIAS and French group Harmonia Mundi ). Genre-wise, music entrepreneurs expanded their industry models into areas like folk music , in which composition and performance had continued for centuries on an ad hoc self-supporting basis. Forming an independent record label , or "indie" label, or signing to such
9523-536: The other extreme, record companies can offer a simple manufacturing- and distribution-deal , which gives a higher percentage to the artist, but does not cover the expenses of marketing and promotion. Companies like Kickstarter help independent musicians produce their albums through fans funding bands they want to listen to. Many newer artists no longer see a record deal as an integral part of their business plan at all. Inexpensive recording-hardware and -software make it possible to record reasonable-quality music on
9630-465: The overuse of YouTube and offline streaming, album sales have fallen by 60 percent in the past few years. When recordings are used in television and film , the composer and their publishing company are typically paid through a synchronization license . In the 2000s, online subscription services (such as Rhapsody ) also provide an income stream directly to record companies, and through them, to artists, contracts permitting. A promoter brings together
9737-414: The previous year and becoming the largest source of income, pulling in around $ 2.4 billion. US streaming revenue grew 57 percent to $ 1.6 billion in the first half of 2016 and accounted for almost half of industry sales. This contrasts with the $ 14.6 billion in revenue that was received in 1999 by the U.S. music industry from the sale of CDs. The turmoil in the recorded-music industry in the 2000s altered
9844-589: The publishing royalties described above. This portion is similar to a percentage, but may be limited or expanded by a number of factors (such as free goods, recoupable expenses, bonuses, etc.) that are specified by the record contract. Session musicians and orchestra members (as well as a few recording artists in special markets) are under contract to provide work for hire ; they are typically only paid one-time fees or regular wages for their services, rather than ongoing royalties. Physical media (such as CDs or vinyl records) are sold by music retailers and are owned by
9951-444: The record industry took aggressive legal action. In 2001 it succeeded in shutting down the popular music-website Napster , and threatened legal action against thousands of individuals who participated in sharing music-song sound-files. However, this failed to slow the decline in music-recording revenue and proved a public-relations disaster for the music industry. Some academic studies have even suggested that downloads did not cause
10058-415: The record. For physical media (such as CDs ), the company also pays to manufacture and distribute the physical recordings. Smaller record companies (known as " indies ") will form business relationships with other companies to handle many of these tasks. The record company pays the recording artist a portion of the income from the sale of the recordings, also known as a "royalty", but this is distinct from
10165-555: The recording, but others may restrict the user to storing the music on a specific number of hard drives or devices. When a recording is broadcast (either on radio or by a background music service such as Muzak ), performance rights organisations (such as the ASCAP and BMI in the US, SOCAN in Canada, or MCPS and PRS in the UK), collect a third type of royalty known as a performance royalty, which
10272-524: The recording. They select and set up microphones and use effects units and mixing consoles to adjust the sound and level of the music. A recording session may also require the services of an arranger , orchestrator , studio musicians , session musicians , vocal coaches , or even a discreetly hired ghostwriter to help with the lyrics or songwriting . Recordings are (traditionally) owned by record companies . Some artists own their own record companies (e.g. Ani DiFranco ). A recording contract specifies
10379-555: The right to stream their music without paying them royalties. In the digital and online music market of the 2000s, the distributor becomes optional. Large online shops may pay the labels directly, but digital distributors do exist to provide distribution services for vendors large and small. When purchasing digital downloads or listening to music streaming, the consumer may be required to agree to record company and vendor licensing terms beyond those which are inherent in copyright ; for example, some services may allow consumers to freely share
10486-435: The rights of all the parties involved. Also compounding the issue of defining copyright boundaries is the fact that the definition of "royalty" and "copyright" varies from country to country and region to region, which changes the terms of some of these business relationships. After 15 or so years of the Internet economy, the digital music industry platforms like iTunes , Spotify , and Google Play are major improvements over
10593-461: The sheet music publishers as the music industry's largest force. A multitude of record labels came and went. Some noteworthy labels of the earlier decades include the Columbia Records , Crystalate, Decca Records , Edison Bell, The Gramophone Company , Invicta, Kalliope, Pathé , Victor Talking Machine Company and many others. Many record companies died out as quickly as they had formed, and by
10700-537: The song for as long as they continue to pay the streaming subscription. Once the user stops paying the subscription, they cannot listen to audio from the company's repositories anymore. Streaming services began to have a serious impact on the industry in 2014. Spotify , together with the music-streaming industry in general, faces some criticism from artists claiming they are not being fairly compensated for their work as downloaded-music sales decline and music-streaming increases. Unlike physical or download sales, which pay
10807-852: The southern part is only represented by the Holiday Inn 's London Kensington Forum Hotel in Cromwell Road , a 27-storey building. Notable attractions and institutions in Kensington include Kensington Palace in Kensington Gardens, the Royal Albert Hall opposite the Albert Memorial in Hyde Park, the Royal College of Music , the Natural History Museum , the Science Museum , the Victoria and Albert Museum , Heythrop College , Imperial College ,
10914-606: The southern part of Kensington has conflicting and complex borders with Chelsea (another ancient manor) whether electoral or postal definitions are used, and has similar architecture. To the west, a border is clearly defined by the line of the Counter Creek marked by the West London railway line . To the north, the only obvious border line is Holland Park Avenue, to the north of which is the district of Notting Hill (another ancient manor), usually classed as within "North Kensington". In
11021-404: The twentieth-century balance between artists, record companies, promoters, retail music-stores and consumers. As of 2010 , big-box stores such as Wal-Mart and Best Buy sell more records than music-only CD stores, which have ceased to function as a major player in the music industry. Music-performing artists now rely on live performance and merchandise sales (T-shirts, sweatshirts, etc.) for
11128-558: The visitor. Kensington is, in general, an extremely affluent area, a trait that it shares with Chelsea, its neighbour to the south. The area has some of London's most expensive streets and garden squares, and at about the turn of the 21st century the Holland Park neighbourhood became particularly high-status. In early 2007 houses sold in Upper Phillimore Gardens, immediately east of Holland Park , for over £20 million. Brompton
11235-399: The west. Parallel to the north is Kensington Road (of which Kensington High Street forms the eastern part), linking central London and Hammersmith and Hounslow to the area. To the south is Fulham Road, which connects South Kensington with Fulham to the south-west. North-south connections are not as well-developed and there is no obvious single north–south route through the area. Kensington
11342-452: Was estimated at $ 30–40 billion. Total annual unit sales (CDs, music videos, MP3s ) in 2004 were 3 billion. Additionally, according to an IFPI report published in August 2005, the big four accounted for 71.7% of retail music sales: US music market shares, according to Nielsen SoundScan (2011) Nielsen SoundScan in their 2011 report noted that the "big four" controlled about 88% of
11449-522: Was extraordinary for the complexity of his white mensural notation and the smallness of his font. He printed the first book of polyphony (music with two or more independent melodic lines) using movable type. He also published numerous works by the most highly regarded composers of the Renaissance, including Josquin des Prez and Antoine Brumel . He flourished by focusing on Flemish works, rather than Italian, as they were very popular throughout Europe during
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