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Re:Epic, Spotify, and Tinder form advocacy group to push for... by TylerE on Thursday September 24, 2020 @11:42AM (#24579682)
That’s more representative of how the market has imploded.

There were 900M CDs sold in the US in 2000. This year that number will be less than 25M

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.