Re:Disney acquires own streaming facilities, will pull Netfl...
by croon on Wednesday August 09, 2017 @09:33AM
(#14968559)
> Except that the music business continues to shrink each year.
What do you base this on? I googled a bit "music industry revenue" and only the opposite came up.
Re:Disney acquires own streaming facilities, will pull Netfl...
by bsder on Wednesday August 09, 2017 @02:27PM
(#14972176)
Then you didn't look very far.
https://www.musicbusinessworldwide.com/global-record-industr...
Almost a straight line from 1999 with 26.6 billion to 14.97 billion in 2014.
Quoting your source:
> Total revenues for 2016 were US$15.7 billion.
Quoting here: http://www.ifpi.org/facts-and-stats.php
> This growth, however, should be viewed in the context of the industry losing nearly 40% of its revenues in the preceding 15 years.
Except that the music business continues to shrink each year.
The only reason there was a slight pause in this is because suddenly vinyl sales, of all things, took off.
Somehow I don't think you are going to find many takers in the video industry for following any music model.