The Music Business Is Not Dying
January 20, 2012
Bobby Owsinski in Music as a Business, The Future of Music, music business, music sales

We read so much doom and gloom about the music business every day that it’s easy to think that pretty soon the whole thing will come crashing down. Cheer up. It’s not as bad as you think.

As all the various research and trade organizations begin releasing their 2011 sales figures, a number of them have jumped out to perfectly define the state of the music industry today. Check this out:

All these numbers (which mostly come from Nielsen Soundscan and the IFPI) show that the music business is still huge, is still extremely diverse, and is still as quirky as ever. It is changing, morphing, shifting, and evolving, but it is definitely not dying.

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Bobby Owsinski is the author of 16 books about music, the music business and recording. His Big Picture production blog and Music 3.0 blog are two of the most frequently viewed blogs in the industry.

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