In the global recorded music industry had experienced a period of growth that had lasted for almost a quarter of a century. Approximately one billion records were sold worldwide in , and by the end of the century, the number of records sold was more than three times as high. At the end of the nineties, spirits among record label executives were high and few music industry executives at this time expected that a team of teenage Internet hackers, led by Shawn Fanning at the time a student at Northeastern University in Boston would ignite the turbulent process that eventually would undermine the foundations of the industry. Shawn Fanning created and launched a file sharing service called Napster that allowed users to download and share music without compensating the recognized rights holders.


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Three Music Industries
Apple Music
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A Growing Digital Music Market
People invest time, money and creativity crafting music for us to enjoy. Music creators then ask OneMusic to look after certain rights on their behalf. OneMusic issue licences to businesses and organisations, giving them the permission they need to play music.
The group signed with Simon Cowell's record label Syco Records after forming and finishing third in the seventh series of the British televised singing competition The X Factor in They have embarked on four world tours, two of which were all-stadium. Forbes ranked them as the fourth highest-earning celebrities in the world in , and second in Sign in or Register. One Direction Formed July