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Music looks poised to be as profitable as it was previously, possibly more so for the labels. Whether or not artists see that money is a different question. Th

Music looks poised to be as profitable as it was previously, possibly more so for the labels. Whether or not artists see that money is a different question. The music industry is doing pretty decently. Streaming revenues are significant and industry revenue has been growing for years. https://pitchfork.com/features/article/the-record-industry-expects-a-windfall-where-will-the-money-go/ https://pitchfork.com/features/article/the-record-industry-e... For the artists themselves, live touring looks to be their most reliable way to make money.

cwkoss 7y ago
Interesting link, thanks for sharing. I'm more inclined to think that streaming revenue will plateau around ~$10-13B. It makes sense that demand for streaming is a bit more than demand for CDs, because it allows cheaper monetization of the long tail and recurring revenue. However, I'd be surprised if the industry ever pushes over that $21.5B inflation-adjusted peak again though. https://www.visualcapitalist.com/music-industry-sales/ https://www.visualcapitalist.com/music-industry-sales/ Rent-seeking music labels have done a good job determining the maximum amount that consumers are willing to pay for music. Now we as consumers should make an effort to ensure the maximum percentage of revenue reaches artist. UMG siphoning 85% of revenue is abhorrent.