"Old songs now represent 70 percent of the U.S. music market. Even worse: The new-music market is actually shrinking."

  • Diogenes_Barrel [love/loves]
    ·
    3 years ago

    very burying the lede here; "new" music is literally only less than 18 months and its the authors idea that an unusually large share of these "old" tracks are decades old---based entirely on anecdote

    yeah yeah yeah cultural stagnation is something to examine but purchasing and streaming music are rapidly changing markets and the data from them leaves out a lot. to the point its probably not a clear enough picture to accurately identify trends

    • cilantrofellow [any]
      ·
      3 years ago

      18 months

      Big label artists only come out with new music to publicize tours, you don’t really make money on records. You can’t really tour with COVID.