Go through music industry’s amazing journey

2018 UPDATE – WE ARE LIVING THE STREAMING ERA

iMac!

Everything in its right place

Nearly 5 years after I first drafted this article, many things have changed. Back then, I introduced it that way:

Since my return (to charts & sales sites), I have got the chance to read a lot of topics and to observe as many elements misunderstood from the current state of the music industry. The largest part of figures published on charts sites don’t make sense anymore in 2014. We will try to change that!

My concern was that people were commenting on how many artists were “flopping”, because their pure sales were going down. Nobody cared about streaming. It was increasing fast already, but the general consensus was that it wasn’t a valid media. In a way similar to YouTube views, audio streams were disregarded. There was no awareness of the relation between drop in pure sales and increases in subscriptions.

Since then, the jigsaw extensively evolved because of streaming. Most charts and certifications changed their rules. The general public now understands and values it properly. The format is profitable for the music industry. It is changing the global map of revenues. Artists adjusted their releases.

There is still many unclear areas though. How much do premium users really pay? How much of it goes to the music industry? Which countries still ignore streaming? Will China become the #1 market in the world? Why do urban and Latin acts perform so well there?

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Vernon Smith

Buddy Holly, Chuck Berry, all were singer-songwriters to name a few but you’re perpetuating the typical myth. You equate songwriters as the people who make “the music”. This is nonsense. For Example, Jimi Hendrix did not write the songs “Along The Watch Tower” or “Hey Joe”. Do you equate Jimi’s record of Watchtower as the same “music” as Dylans record? Of course, you don’t. Well relevant to Elvis and the relevant songs Elvis recorded, the Hendrix example is analogous to what Presley and his lead guitarist did in “music” on Presley’s records. another quote “Often, fans of old glories feel… Read more »

Tony

You’ve forgotten one thing…… His music is shit!!

Martin

I don’t claim to be an expert on him or his movies but my impression has always been, that while they and the resulting albums and songs were extremely successful to begin with, as time went by, they ended up being seriously damaging and detrimental to his musical career. Resulting in a real fallow period of chart success, throughout most of the 1960’s.

Jackson was never as big as Presley, he was always quite a slight man!

Michael

Martin, his peak was way2 bigger than Elvis

Gonzalex

Hi,

I just finished to read the article, it was so interesting, thank you for it. This is why I love this website, we have analysis of artists but also of the market, which is very important too, we have clear answers to our questions. It’s fascinating!
Thank to you I changed my mind about streaming!

SkkyWill

Great article!

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