Music Recording Industry:Five Forces Framework

The Porter or Five Forces analysis is a framework used to break down the economics within a certain industry and describe that industry's overall attractiveness. Attractiveness in this context refers to the overall industry's profitability. An unattractive industry is one where the combination of forces acts to drive down overall profitability. The Five Forces framework was developed by Michael E. Porter of Harvard Business School in 1979. The five forces or threats that make up the framework include: threat of intra-industry rivalry, threat of entry, threat of substitutes, threat of buyers, and finally, threat of suppliers. By following the links below, you can access an analysis of each one of these environmental forces as they pertain to the music industry. In addition, there is also a page link to a summary of the music industry's overall attractiveness.

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