But it does when downloads and physical media are added up, which is in the end what should count….(Except artist get less from streams than the other two…)
Hattix on
Funny how *a convicted cartel* made so much money from selling bits of plastic.
Church_of_Aaargh on
Because the prices and payments are ridiculously low
2-buck on
I’d like to know the total amount that actually went to the artists.
Bonk0076 on
Wonder why physical is coming back?
Decapitated_Saint on
I made a similar chart for a data viz class project recently. My numbers look even more dire (RIAA data, adjusted to 2019 dollars)
Internet and tech in general is a double edged sword to musicians. Pre-internet/soundcloud/streaming etc. a relative few artists filtered to the “top” to get studio production and physical media distribution access – they were both very expensive. That means 100’s of millions of people basically bought the same top 500-ish artists (for sake of argument – the actual number isn’t the point, the ratio of the market is.)
Digital recording technology and internet distribution come along and basically commoditize music. Tens of thousands of musicians can now produce and distribute their music who would never be “in the market” prior to the internet. Competition has effectively exploded. In addition to the pirating problem, People who were buying music began distributing their music “budget” far more widely, not just piling on the top artists. With the cost of production and distribution also dropping, the price of the end product drops.
While the internet made it possible for smaller artists to perhaps earn a living, or gain popularity, on th ewhole it also ensured every individual artist on average is going to earn less, apart from the mega star outliers.
Scrapheaper on
Well duh.
Physical sales includes the cost of manufacturing CDs and storing CDs and having HMV stores clogging up the high street.
Now that we don’t need that crap anymore we can just buy the music
8 Comments
But it does when downloads and physical media are added up, which is in the end what should count….(Except artist get less from streams than the other two…)
Funny how *a convicted cartel* made so much money from selling bits of plastic.
Because the prices and payments are ridiculously low
I’d like to know the total amount that actually went to the artists.
Wonder why physical is coming back?
I made a similar chart for a data viz class project recently. My numbers look even more dire (RIAA data, adjusted to 2019 dollars)
https://preview.redd.it/e15ab9q1r59g1.png?width=842&format=png&auto=webp&s=817e0965933be4349d1b8710e0bfed124a614b95
Internet and tech in general is a double edged sword to musicians. Pre-internet/soundcloud/streaming etc. a relative few artists filtered to the “top” to get studio production and physical media distribution access – they were both very expensive. That means 100’s of millions of people basically bought the same top 500-ish artists (for sake of argument – the actual number isn’t the point, the ratio of the market is.)
Digital recording technology and internet distribution come along and basically commoditize music. Tens of thousands of musicians can now produce and distribute their music who would never be “in the market” prior to the internet. Competition has effectively exploded. In addition to the pirating problem, People who were buying music began distributing their music “budget” far more widely, not just piling on the top artists. With the cost of production and distribution also dropping, the price of the end product drops.
While the internet made it possible for smaller artists to perhaps earn a living, or gain popularity, on th ewhole it also ensured every individual artist on average is going to earn less, apart from the mega star outliers.
Well duh.
Physical sales includes the cost of manufacturing CDs and storing CDs and having HMV stores clogging up the high street.
Now that we don’t need that crap anymore we can just buy the music