Re:Epic, Spotify, and Tinder form advocacy group to push for...
by shadowgovt on Thursday September 24, 2020 @11:47AM
(#24579763)
Imploded or transformed?
Music consumption hasn't gone down. Consumption of physical media that I can't slip in my pocket has.
Re:Epic, Spotify, and Tinder form advocacy group to push for...
by TylerE on Thursday September 24, 2020 @03:09PM
(#24582347)
Spending on music is vastly down.
The RIAA publishes numbers - https://www.riaa.com/u-s-sales-database/
Inflation adjusted we are down by over half from the peak.
Subscription revenue is less that 30% of peak CD revenue.
There were 900M CDs sold in the US in 2000. This year that number will be less than 25M