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Recording industry revenues back to pre-internet, musicians are poorer than ever (boingboing.net)
33 points by rbanffy 9 months ago | hide | past | web | favorite | 3 comments

As far as I can tell, the title is a flat out lie.

> Global recorded music revenues reached $17.4 billion in 2017, putting it just a hair below 2008’s $17.7 billion in revenues.

So revenue, not adjusted for inflation, is nearly back to 2008 levels, hardly "pre-internet". The actual revenue peak in 1999 was $25.2 billion, which is $37.1 billion, inflation adjusted to 2017. So industry revenue is at less than HALF of pre-Napster levels.

When you pay-per-play, you're bound to make the majority go for broke.

At least they had CD sales they could count on.

Don’t ignore the fact that internet opened up the arena for many more musicians.

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