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Music Industry Thriving In an Era of File Sharing
levicivita notes ZeroPaid coverage of a recent study by the UK music industry's own economist showing that overall UK music industry revenues were up in 2008 (study, PDF). The study is titled "Adding up the Music Industry for 2008" and it was authored by Will Page, who is the Chief Economist at PRS for Music, a UK-based royalty collecting group for music writers, composers, and publishers. From ZeroPaid: "[T]he music industry is growing increasingly diverse as music fans enjoy a wide range of platforms to hear and consume music. Sales of recorded music fell 6% for example, digital was up 50% while physical dropped 10%, but concert ticket sales grew by 13%. In terms of what consumers spent on music as a whole last year, this surprisingly grew by 3%."
Well even if, for example, Nickleback only had 2-3 good songs on their latest CD which I enjoyed, that's still a better proportion tha how many songs I like on the Alternative Music station (zero). So I'll keep listening to Nickleback and other pop-radio music.
>>>you're really overreacting, for the record.
No not really. I'm sick-and-tired of people telling me (over-and-over) that I have poor taste in music because I enjoy the top hits on Billboard from circa 1980 to the present. Even if we assume it's true I have poor music taste, these people should have enough common decency to keep their mouth shut. It's called being polite.
"I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall