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Miss Gayle

Streaming's peak isn't even close to the previous CD peak, and I think people are frustrated with greedy corporate streaming subscriptions.

I refuse to pay for anything I can't download and use with whatever player I want. But that's just me.

Link: sherwood.news/business/brief-h

Full disclosure: I still buy CDs, and I have a Pandora subscription that I mostly use to stream soothing instrumental music while I work, so I don't ax-murder my clients.

A brief history of the Music Industry in America US Recorded Music Industry Revenue, by Format Adjusted for Inflation, from 1975 to 2024 Last year, the average number of paid music subscriptions in America rose to a whopping 100 million, as a record number of us cough up each month for on-demand access to our favorite songs through streaming services like Spotify or Apple Music. Naturally, those regular monthly payments translated to a massive chunk of the total cash that flowed through the recorded music industry in America last year, with total streaming revenues rising to $14.9 billion — roughly 84% of the industry’s top-line figure. Right before Y2K, the internet truly announced itself, with music file-sharing sites like Napster being founded in the summer of 1999. After that, everything changed. Sales of CDs and cassettes fell off a cliff, and it’s only recently, with the advent of streaming, that the industry has returned to growth... streaming is still the only real powerhouse format in the industry, as convenience continues to outweigh audio quality, aesthetics, and the tactile joy of owning physical things for most people in the US. Zooming out, the RIAA data shows that, when adjusted for inflation, recorded music industry revenues in the US are down 36% from their $27.5 billion peak in 1999, when we were all rushing out to buy albums from Britney Spears and Backstreet Boys on CD.
#Music#Streaming
Mar 21, 2025, 07:16 PM·Public
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