Social Media And The Music Industry: The Good, The Bad And The Viral
March 2, 2018
Courtney Myers in Social Media, music industry, music sales, social media, viral

It’s no secret that digitization is proliferating into almost every corner of our lives. We can order our groceries delivered, communicate in an instant with someone halfway around the world, and yes — share a song with our Facebook friends and other social media followers whenever we want, introducing an entire audience to music they might never have experienced.

My brother is notorious for this. He manages the programs committee for our local arts council and as such, is responsible for digging through scores of YouTube artists to find acts that he can book. He’s brought singer/songwriters from Portland, California, Oregon and more to our little hometown of Wallburg, North Carolina. How has he done it? He’s found them online, then sent them a Facebook message to inquire about their tour schedule. This is a tactic he’s employed almost every single time, and to much success.

A proper conversation about social media and the music industry would be tome-length and likely too detailed for a blog post, but I’d like to talk for a second about how these platforms are changing the game — both for the artists themselves and the listeners who find them.

According to the International Federation of the Phonographic Industry (IFPI), which follows and reports on worldwide trends surrounding the recording industry, streaming revenue jumped 60.4% last year. In the United States alone, it was up 16.5%, an interesting figure considering that physical sales were down 17.1%. 

What does this tell us, besides the fact that more people are hopping online to buy their music? It signifies a gradual, though significant shift, in consumer culture. Put simply, people aren’t going to big box stores, flipping through the alphabetical selection, and buying physical CDs with the same fervor they were a decade ago. Of course, this has ironically given rise to the rebirth of vinyl, with everyone from Kacey Musgraves to Fall Out Boy producing their new LPs in the throwback format. It’s now a more than $220 million industry, and doesn’t look to be slowing down any time soon.

But, back to social media. With so many people hopping online to buy albums straight from their favorite artists’ website, through iTunes, or via myriad other digital means, the music is imported directly onto their smart device. That means that gone are the days when you’d have to go to the store and buy a CD, come home, pop that bad boy into your CPU and download it to your hard drive. 

The result? We literally carry our music in our pockets now, and that makes it infinitely easier to share it with someone we think would like it. Just last night, I sent Macklemore’s new song “Good Old Days” to my best friend a few cities away who was ha

Article originally appeared on Music Think Tank (http://www.musicthinktank.com/).
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