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RE: how itunes destroyed the music business in one simple chart...

They were part of it but it began well before Itunes.

In the 70's there were hundreds of record labels and each had bands that it promoted and sponsored tours for. AS the big record companies found the competition unpleasant, they began buying up the small labels and with that consolidation also meant the beginning of the end for what was a large touring sound / live music industry as the number of bands being promoted declined and the bands that were promoted were more and more a sure thing and less and less risky music wise. At the same time, it was realized that art and music education cost money that could be spent elsewhere like military hardware and so the emphasis on the arts and music had been greatly scaled back in our schools and that investment has paid off.

Now we are down to several large labels and comparatively very few smaller ones and way fewer places to hear live music and a smaller and smaller live sound business.
Now, electronic dance music has replaced live sound and in the last few years the top few EDM act's have out grossed all of live sound.
While you can't say it's not music or live, it usually doesn't take a band or ability to play an instrument.
It's all part of the Wallmartization of the industry and part of that is far fewer choices in exchange for maximizing profits.



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  • RE: how itunes destroyed the music business in one simple chart... - tomservo 06:02:47 05/25/15 (0)

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