Re:Why Aren't Top Journalists Rich?
by alexmayyasi on Thursday June 20, 2013 @01:38AM
(#5910383)
Author of the post here. I don't have any metrics like those up my sleeve, but I would encourage you to check out the Pew survey i mentioned which (in reference to print and tv) finds that:
"Nearly one-third of the respondents (31%) have deserted a news outlet because it no longer provides the news and information they had grown accustomed to."
The music industry revenues dropped by half between 2000 and 2010, however it doesn't talk at all about how much costs dropped in the same time period. More specifically, the cost per artist brought to market (album creation to distribution). As long as more music is being created and making to listeners, then market demand is being satiated, and that is all that matters.