Quote:
Originally Posted by lefty12357
There is no doubt that the cost of putting together a recording of reasonable quality in the home has been dropping dramatically...
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I thought people might like to check out USA's National Public Radio report,
Recording Studios Face Uncertain Future, dated December 10, 2009. It writes in part:
Jim Anderson, a longtime recording engineer and NPR alum, who now teaches at New York University... says digital technology has gotten a lot better over the past 10 years — to the point where you can make an almost professional-quality recording on your laptop, for a fraction of what you'd spend in professional studios.
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Quote:
Originally Posted by docdtv
...ponder this:
In 1999 consumers spent $39 billion on music, mostly CDs.
Today it's a $17.6 billion industry and CDs are clearly on the way out.
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Quote:
Originally Posted by Deepwaters
As for the stats on music, remember that's gross revenues. CDs cost more than downloads and should, since they involve production costs where downloads don't. Are people buying less music today than in the past? They're certainly not listening to less.
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The
International Federation of the Phonographic Industry read what folks like Deepwaters wrote and now offers
these points:
It argues that the decline in gross revenue is not coming largely from the efficiency of CD-free virtual distribution...
Legitimate digital sources accounted for [only] 27 percent of recording industry revenue.
but from massive piracy...
Worldwide, the industry federation says, 95 percent of the music downloaded via the Internet is pirated.
Overall gross industry revenue was down to
about $15.8 billion in 2009. Does anyone think net revenue hasn't also declined in the last decade? (Albeit I agree that decline would be less dramatic and more useful to read.)
The implied fallout for artists is stuff like this:
In France... the number of albums released by domestic artists has fallen by 60 percent.