Music Industry's Revenue Continues To Grow, But Beneath The Surface Are Warning Signs

this week. The numbers for 2018 show that the industry is continuing on the growth path that started in 2016 after an 11-year slump: Overall growth was 13% over last year to $9.8 billion—off slightly from 2017's 17% growth over 2016 but healthy nonetheless.Interactive streaming, through services like YouTube, Spotify, Apple Music and Amazon Music Unlimited, is now dominating the industry even more than before.

In fact, CDs are on track to fall below vinyl by the end of this year—especially counting the used vinyl market, which isIn all, the music industry is continuing the trends we've seen over the past couple of years, well on its way to a new state of structural stability with interactive streaming on top. Industry watchers used to wonder whether consumers would embrace the monthly subscription model over physical products or"ownership" of permanent downloads.

If these trends continue, we should see the upper limits of the music industry's new growth engine within the next couple of years, and the U.S. recorded music industry will end up somewhere in the $12 billion range, somewhat below its $14.6 billion peak from 1999, especially when adjusted for inflation.The era of interactive streaming is recorded music's fifth era

I wonder if the future of music might look something like this, where humans and robots play simultaneously, dependent on each other to make audible art:

For actual musicians, this is a disaster

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Streaming services push recorded music business to highest revenue in a decadeThe recorded music industry in 2018 logged its best year in a decade, generating $9.8 billion in revenue thanks to a big jump in consumer acceptance for subscription streaming music services. and arent they screwing you thedavidcrosby still? Subscribing to music is mighty damn strange. Periodicals. Sure. Wine and cheese of the month, well yea. But music, that's just weird. The concept of owning music is outdated. People consume music like food. You’re not always in the mood for tacos just like you are not always in the mood for [insert whatever you listen to on the reg]
출처: NBCNews - 🏆 10. / 86 더 많은 것을 읽으십시오 »

Apple Music appears ready to launch on Google speakers as Apple seeks to grow its services businessApple Music is coming to Google Home speakers, yet again showing that Apple is putting a new focus on getting its services in front of as many people as possible. Walled garden not working out, huh?
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Smartphones are getting weird again, and it could be a sign that the industry is on the brink of another huge changeBrands like Huawei, Samsung, and Nokia all recently debuted new smartphones with unconventional designs and features, a welcome change to the norm. Smartphones are over. Soon a nano-drone will hover over your shoulder. It will have all tech that is inside a smartphone and much more. You will be able to customize it's look. It can look like a fairy or a butterfly or a bee for example. Companies like Huawei and Nokia are becoming more relevant to today's society as they are innovating the smartphone. These smartphones have new technology including a foldable screen and a smartphone that has five cameras! 3500EDGEZachary innovation smartphones techinsider Smartphones are always weird because of very tough competition their innovation level is very high
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »