Re:AWS, MongoDB, and the Economic Realities of Open Source
by pjc50 on Monday January 14, 2019 @12:17PM
(#18904539)
The peak on the graph is 1999.
At the start of the decline, there wasn't really a good way to buy music in digital format at all. iTunes launched in its current form in 2003.
The decline between those years was essentially the industry losing $12 sales to $0 sales: either directly to piracy, or to competition for time and attention on the Internet.
Youtube blew even more of a hole in the industry in 2005, replacing purchases with streaming. This plays $0.0006 per stream.
(The corresponding profits graph is really hard to find, which suggests that the data may not be so publicly available?)
At the start of the decline, there wasn't really a good way to buy music in digital format at all. iTunes launched in its current form in 2003.
The decline between those years was essentially the industry losing $12 sales to $0 sales: either directly to piracy, or to competition for time and attention on the Internet.
Youtube blew even more of a hole in the industry in 2005, replacing purchases with streaming. This plays $0.0006 per stream.
(The corresponding profits graph is really hard to find, which suggests that the data may not be so publicly available?)