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> Look at the music industry, whose total value peaked and started falling, but is now back and has exceeded earlier peak Would you mind citing your data for t
by microtherion 8y ago
> Look at the music industry, whose total value peaked and started falling, but is now back and has exceeded earlier peak
Would you mind citing your data for this? What I've seen suggests the opposite:
https://www.ifpi.org/news/IFPI-GLOBAL-MUSIC-REPORT-2018 https://www.ifpi.org/news/IFPI-GLOBAL-MUSIC-REPORT-2018
"Despite the recent uplift, revenues for 2017 are still only 68.4% of the market's peak in 1999."
And as far as I can tell, that 68.4% is based on nominal revenue. Inflation adjusted it works out to 2017 revenues being less than 47% of 1999 revenues, if I calculated correctly.
- Nullabillity 8y agoIFPI represents record labels, not musicians.