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it seems that the music industry was making more money than it ever should have been in the first place. when you look at declining sales compared to previous
by handler 16y ago
it seems that the music industry was making more money than it ever should have been in the first place. when you look at declining sales compared to previous years, of course it seems like something is wrong, but perhaps the years that made the most amount of money were a fluke, and now things are headed back to where they should be.
in the past decade it has become incredibly easy to develop a fine-grained taste in music. the activation energy for seeking music you enjoy has essentially dropped to 0 (searching the internet vs listening to the radio or physically buying cds/tapes/records), which means less people can be fooled into liking bands like U2 or Limp Bizkit. it seems like a no-brainer that less people care about going to those concerts anymore. the music industry needs to update their model, they can't game the consumer into spending money as easily as they use to.