Re:How Spotify and Discover Weekly Earn Me $400/month
by chiefalchemist on Wednesday March 27, 2019 @07:46PM
(#19507503)
But the 90's is not a good / true benchmark. In the 90's, for the most part the music industry pushed CD's and did not do CD singles. Therefore, if you liked a single song you'd have to buy the full CD (approx $15 to $17). That is, music sales were inflated.
Eventually, this also helped set the stage for Napster, etc. The public didn't want to spend $15+ dollars for s single. And after getting too many one-hit wonders the public was glad to have it's needs met and were even happier when that was also form of revenge against the music industry.
The artificial peak of the 90's was also one of the reasons the music industry took so long to adjust to digital (read: a return to singles buying normalcy). They go so used to those revenues that they forgot what reality was like.
Eventually, this also helped set the stage for Napster, etc. The public didn't want to spend $15+ dollars for s single. And after getting too many one-hit wonders the public was glad to have it's needs met and were even happier when that was also form of revenge against the music industry.
The artificial peak of the 90's was also one of the reasons the music industry took so long to adjust to digital (read: a return to singles buying normalcy). They go so used to those revenues that they forgot what reality was like.