Final answer:
Technology has made it easier for independent artists to promote and distribute their music, enabling them to reach a global audience. The digital transformation has expanded creative tools and variety in music, rather than hindering it. Overall, technology has increased the accessibility and diversity of music.
Step-by-step explanation:
An accurate statement about the impact of technology in the music business is that it has made distribution and promotion easier for independent artists. This shift has occurred due to advances in communications technologies and the advent of the internet, which has facilitated the globalization of music. Independent artists can now reach a global audience without the need for traditional distribution networks that were once controlled by major record labels.
Furthermore, technology has indeed caused some economic disruptions in traditional music retail, but it has also led to the creation of new market opportunities, such as digital music platforms and streaming services that benefit both the consumer and the artist. Technology has not hindered the creative process for musicians; rather, it has expanded the tools available, allowing for more variety in the production of music.
While some fear the emergence of winner-take-all markets, the reality in the music industry shows a trend towards diversification and empowerment of smaller, independent creators. Thus, technology has generally broadened the variety of musical genres and expanded access to music on a global scale.