http://www.wsj.com/articles/itunes-music-sales-down-more-than-13-this-year-1414166672

Factoring in CD sales, which have been plunging for well over a decade, overall music sales in most of the world held steady last year. Japan was an exception, with steep drops in physical and digital sales alike. World-wide revenue from recorded music totaled $15 billion in 2013. In the U.S., recorded music sales are nearly 50% below their peak in 2000, though they’ve been essentially flat for the past few years.

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15 billion dollars. People are still buying music. It is a cop out whenever someone parrots that POV that people aren't buying music. What Marc is gloomy about is the slots for pro songwriters are shrinking. Those filler spots on a recording artists albums are now being filled by songs written by the artist instead of one of Marcs friends/acquaintences.

The music industry is not in trouble. The songwriters who made a living off of writing fillers, their career is in trouble because I don't have to buy their song. And why would I buy it if I don't like it? Therefore they don't make as much money like they would have if I had bought the whole album which is what you had to do before. That's why there was more money for songwriters and more slots available. It's not because of "illegally downloading or the evil streaming services"

15 billion worldwide is not a number to sneeze at.

Me personally I have spent at least 1500 over the years buying music on iTunes. And probably another grand more on CDs over the course of my 29 years.

Last edited by AaronAuthier; 04/07/15 05:02 AM.