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Summer 2016: The Forum, Los Angeles, CA (photo by David Tosti)
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Tuesday, February 02, 2010

Music Sales Cut In Half for Last Decade.


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It's no doubt that this last decade has seen some major changes in the music 
industry, for better and for worse. After watching some of the Grammy's 
the other night, which I must say was a bit disheartening, it just makes me 
think more about the future and where it is all going. 


As reported by CNNMoney.com: "Total revenue from U.S. music sales and 
licensing plunged to $6.3 billion in 2009, according to Forrester Research. 
In 1999, that revenue figure topped $14.6 billion . . .


. . . But industry insiders and experts argue that the main culprit for the 
industry's massive decline was the growing popularity of digital music."


Read the entire article HERE.







3 comments:

Alaythea said...

The Grammy's were disheartening. I'm so tired of it all being about the people who aren't even the most talented. Why is it all about the latest rap song or cheesy rock album. I'm so tired of seeing the people who truly deserve awards walking away empty handed...

Nathan RK said...

What happened to the "Bass Lessons & Mute Math" part of the Bass Lessons & Mute Math blog?

Stephanie said...

I was irritated by the entire show. The MJ tribute was good, but it left me wondering why someone has to die to be honored. They had Mos Def on stage, a legend, but didn't have him perform! The night did have its high points, but for the most part I was bored. Growing up the Grammys was a big event, people would rush home for it. Now it just seems like a high school talent show.


Vintage Cab I used on MM debut (this is my dad's); it has two 15" Jensen speakers.