

For the last two decades of the 20th century, the music industry rotated along the axis of MTV. The company represented a direct line into the hearts and minds of music consumers around the world, and the their main form of expression was music video. When MTV launched in August 1981 and blasted “Video Killed The Radio Star” through North American households, it represented the ambitions of a company who wanted to significantly influence popular culture. It succeeded in a big way, earning $7 million in advertising revenue in the first 18 months, and remained a critical part of the music industry by leveraging music videos to help flesh out the image of acts as diverse as Michael Jackson and Green Day, Guns n’ Roses and 2Pac. What a difference from today, where the company is more focused on reality television than music videos, and is now in a battle with Vevo to serve the music video watching populace on the web. Read more about how things changed and the current world of music videos after the jump.
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