The rise of the Internet, and its constant usage as a media device, changed the dynamic that had characterized the relationship between the major corporations and the public. It will be considered how this crisis has affected both popular and classical music industries, what changes it led to, and what is the current situation. This paper is going to clarify both economical and influential aspects of music industry in the past and latest years. Economical aspect of both classical and popular music industry will be considered. The whole process beginning from production, promotion, delivery, selling process, etc. Also, the important question is how two of those industries globally influence society? How the value of music can be identified as a contribution on social consciousness? This paper is going to clarify both economical and influential aspects of music industry in the past and latest years.