More bad news about music sales

You don’t have to follow the music industry closely to encounter news reports about the continuing decline in sales of recorded music. Piracy, YouTube, video games, and a decline in the quality of popular music have all been offered to explain the dramatic drop in sales since their peak in the 1970s.

A February 18 article on the Business Insider site by Michael DeGusta takes data released in January, which paints a dire picture, and argues that the outlook is actually worse when compared with data from the Recording Industry Association of America (RIAA).

There are charts aplenty for those interested in perusing the data, but DeGusta’s point is clear.

“Looks like the smaller and shrinking recorded music industry is here to stay.”


The full piece is available online.

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About the Author

John Lawless

John had served as primary author and editor for The Bluegrass Blog from its launch in 2006 until being folded into Bluegrass Today in September of 2011. He continues in that capacity here, managing a strong team of columnists and correspondents.