Fairness Rocks News The Record Industry Expects a Windfall. Where Will the Money Go?


Fairness Rocks News The Record Industry Expects a Windfall. Where Will the Money Go?

Home Industry News The Record Industry Expects a Windfall. Where Will the Money Go?

Author: Marc Hogan

Date: May 30, 2019

Original Source: Pitchfork

Industry News

The Record Industry Expects a Windfall. Where Will the Money Go?

Six years ago, when Thom Yorke memorably expressed his feelings about the music industry by calling Spotify “the last desperate fart of a dying corpse,” it was hard to argue with him. At that point, global sales of recorded music were headed for their 13th decline in 14 years, with the overall value of the industry nearly cut by half since the turn of the century. It looked like the digital revolution really did turn the music business into a moldering husk. But now, like any good zombie during an apocalypse, the industry is once again primed to devour the world on a massive scale.

Read more: https://pitchfork.com/features/article/the-record-industry-expects-a-windfall-where-will-the-money-go/