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The Influence Of The Digital Economy Development On The Global Music Industry Production Regarding The Harmonization Of Accounting In Brics Emerging Economies

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  • Iurie BADICU

    (Academy of Music, Theater and Fine Arts of Moldova)

Abstract

The 21st century music industry uses digital technology in a wide range of applications, including interpretation, composition, recordings and publications. This technology is constantly transforming music and the way people approach many musical activities. The value chain research of the global music industry represents the specialized analysis of the target field constituents. The investigation emphasizes the functional components and subcomponents of the global music industry, their interference and mutual influence. The author specifically addresses the production, distribution and consumption in the global music industry, treating them both theoretically – referentially, and practically – axiomatically. When presenting the study, preference was given to the descriptive method with the application of elements of comparison, analysis and deduction, as well as information sites that capitalize on the music industry. The research completes the range of sources that address the global music industry, especially the sources with reference to the pandemic, post-pandemic and forced digitization of the music industry. The author’s conclusions represent a culturological update of the value chain in the global music industry.

Suggested Citation

  • Iurie BADICU, 2022. "The Influence Of The Digital Economy Development On The Global Music Industry Production Regarding The Harmonization Of Accounting In Brics Emerging Economies," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 10(1), pages 21-29, February.
  • Handle: RePEc:scm:ejafbu:v:10:y:2022:i:1:p:21-29
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    References listed on IDEAS

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    1. Iurie Badicu, 2021. "Transformarea activității muzicale în industrie: rolul cultural și miza economică a invențiilor," Intellectus, State Agency on Intellectual Property (AGEPI), issue 1-2, pages 57-60, July.
    2. Omisore M. O. & Samuel O. W., 2014. "Personalized Recommender System for Digital Libraries," International Journal of Web-Based Learning and Teaching Technologies (IJWLTT), IGI Global, vol. 9(1), pages 18-32, January.
    3. Ali, Robleh & Barrdear, John & Clews, Roger & Southgate, James, 2014. "The economics of digital currencies," Bank of England Quarterly Bulletin, Bank of England, vol. 54(3), pages 276-286.
    4. Yi-Hung Liu & Chung-Hao Chen & Paul C.-P. Chao, 2014. "Mathematical Methods Applied to Digital Image Processing," Mathematical Problems in Engineering, Hindawi, vol. 2014, pages 1-4, April.
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