Music Industry

The demise of the music industry

A graphic display of the state of the music industry created by Bain…. What it speaks to is the head-in-the-sand approach that the industry had as a whole as the internet wave took over, reaching its peak in 1998. Technical chart readers will notice the perfect head & shoulders shape of the decline. Classic stuff.  Clearly, digital sales are not to suffice.  The industry will need to find a new way to entertain and render the value added of its artists.

ADDENDUM:  The revised (new & improved) chart (thanks to Mike in the comments below) from Business Insider:

Music Industry Sales ... a mountainous journey

Music Industry Sales ... a mountainous journey

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