The journey of the record marketplace is all about transitions and revolutions. Switching from vinyls to cassettes, the global global music took the world by storm. We remember when Vinyl gave way to 8 tracks and at once, cassettes saw an economic depression. Compact disks started dominating the planet and also this made the revenue with the music business to suddenly rise. Days gone by 4 decades can be viewed as an exciting adventure, as it not merely saw the increase and fall of music industry’s profits but also witnessed observable shifts and penetration of technology and consumer behavior as well.The first stageDuring this stage, the use of music would be a difficult task. Coming to the store and spending a couple of bucks for a single disc of music was considered wealthy. Unless Napster, the very first used P2P service, passed the needle from the record, and ended the last decade with profits inside the recording industry. When Napster was shut in 2002, the consequence of piracy held the entire industry in their claws. Its profits began to decline in a rapid rate, which continued for 15 long years.The age of RingtoneThe ringtone era swooped in after those 15 long years. As a result of launch of flip-phones, consumer demands got rapidly increased. Then, the entire distribution was controlled by the mobile carriers. This era gave the global music industry a small taste of digital revenue. These ringtones were a complete gateway to boost the industry’s profits in leaps and bounds. The age saw the retreating of the gloomy clouds that after used to hover the entire music world.Era of upstreamThough global services like Spotify and Pandora haven’t completely replaced the profits that once CD sales accustomed to provide, but alternatively they’ve got completely reversed the entire algorithm of the industry. It was the very first time in the industry of global music, that records of revenue went severely high. Although it took time for the customers to completely go for premium sort of music, but because of reserving a great space for optimization, music streaming is currently considered one the most common format.