Can not remember where I heard this theory but it goes something like this. As more music is created the value of existing music goes down. Basically the idea

Can not remember where I heard this theory but it goes something like this. As more music is created the value of existing music goes down. Basically the idea is adding 1 more song to the pool of millions of others has little value no mater how good/bad that particular song is. As lets say it is the most amazing song ever. I still have a library of millions of other songs to pick from. It is an interesting economic theory. The other problem for music is 4 fold. 1) many people use 'radio' basically spotify or some streaming service like it. 2) Most people buy songs not albums 3) many times people 'age out'. 4) I can choose from a catalog that is decades old all of the previous years of top 100s and get something good to listen to. Now there are exceptions where there are collectors in that they must buy everything. But most people are not collectors they are renters or listeners. Many people just want that one song they like and maybe a couple of others. So you can not make 10-15 off them, you make maybe 1-2 dollars, and depending on your contract much less. Also people 'age out'. For example most of the artists I like most are 'done'. They have either disbanded or just not making anything new and going on concert sales. I also have little interest in newer stuff (because I no longer have the inclination or time to devote to it that I used to). Sure I buy a bit here and there or listen to something from streaming but nothing like what I used to do and own hundreds of CDs.