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In Reply to: RE: The death of streaming has been greatly exagerrated posted by Chris from Lafayette on September 20, 2016 at 12:08:42
streaming tripled since 2010 whilst physical media purchase declining.
But the sad thing is that overall purchase of music by anyone is in decline. Hipsters and mellinnials are more likely to pay for live music than *canned* recorded media.
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SO I guess I am propping up the dying and dead.
Oh yeah, maybe another $200 on actual paper books..
who spend a quite a lot in recorded media ( both CDs and LPs) and still love my flip phone.
I think it is possible that streaming can sound better than vinyl technically due to lack of airbourne vibration and certainly more consistent than any vinyl playback.
I might still stream from high res recording off my turntable some day in the event that I am too old or sick to que a record.
The overall $$ is down, despite the presence of music being more ubiquitous than ever--theft is the reason. The people being hurt the most are the artists; the average earnings of recording musicians is around #36,000 BEFORE expenses (touring, recording, etc). I bet the median income is even lower, given that artists like Taylor Swift are included in such average ($57 million per year).
Piracy is actually trending down, although it's still a big problem. But according to Nielsen, which just published its 2016 mid-year report, the amount of money being spent on music is currently above last year's pace.
A lot of that money, however, is being spent on subscriptions to streaming services rather than physical media. Physical media accounts for 10 percent of sales and is holding steady. Far fewer people are buying downloads, however, as cloud-based streaming has supplanted downloading.
I really don't understand these posts that say streaming is in trouble. Tidal is having issues but I do not know a single person who doesn't use Spotify or Pandora multiple times a day and Nielsen's report seems to confirm that as the norm.
I mean -- there's something to be said for a live performance, you know?
all the best,
mrh
but I just find it interesting that youth are willing to dish out for sky rocketing live concert tickets over enjoying a recorded music at home.
I have noticed that an average ticket price, particularly for popular music, has gone up quite a bit since my concert going days, making my subscriptions for CSO look like a great bargain.
Music sales are down because kids buy video games instead.
For the last twenty years for every increase in game sales there has been a reciprocal decrease in music sales. Even the youth's tribal behaviour (Beatles vs Stones etc) has shifted to games (playstation vs xbox). The kids used to queue up to buy the latest release from their idols, now they queue for the latest games.
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