Will COVID-19 end theatrical movies

[luprki]

Yes, but not better off ~ many of them would kill to get back to pre-piracy days, so you can't exactly argue in favor of it as a smart business model.

Is it really.

The entire music industry model has changed and definitely not for the better for the artists.

Yes, record studios are still in business but the industry is definitely not what it was prior to piracy becoming a thing. Seriously, there’s an entire generation of people that have NEVER paid for music in their entire lives.

You guys have inside information or is it just your opinions?

[numberthirty]

And yet the music industry is alive and well.

Alive?

The jury is out on that one.

Well?

Let's not be ridiculous.

[Vakanai]

You guys have inside information or is it just your opinions?

Neither - it's actual public knowledge that is easily observable and available, you can google it.

[numberthirty]

You guys have inside information or is it just your opinions?

You literally do not even need to be "Inside..." to be up to speed on this one.

[numberthirty]

Which is before one would even allow for the really basic reality that the "Classic Coke..." music industry was a complete racket.

[Username taken]

You guys have inside information or is it just your opinions?

It's open information. It was a pretty big deal when piracy almost collapsed the music industry and I'm surprised you're not aware of this because it was mainstream news. Albums sales and music retailers almost evaporated during this collapse.

From 2000 (i.e when piracy became a real thing) to 2014, the industry was in steady massive decline, it only started a "recovery" in 2015 and it has NOT reached pre-piracy levels and likely never will. As record and album sales cratered, the industry was forced to embrace streaming which has completely and totally screwed artists because in majority of cases, the back catalogue of a musicians work is owned by the record company which allows the streaming company use them. The record company then pays the artists a ridiculously low pay out rate which has created a LOT of controversy in recent years.

The music industry is alive (but on life support) but it isn't well. At all.

EDIT: This in a way plays into the ScarJo case and how creatives will be compensated if the movie studios embrace streaming. The music industry has managed to get away with it because of the very nature of the industry but the movie industry is an entirely different kettle of fish.

[luprki]

Piracy is really hurting the music industry- NOT

https://www.statista.com/statistics/...usic-industry/
Global revenue of the recorded music industry 1999-2020
Published by Statista Research Department, Jul 14, 2021

In 2020, the total revenue of the recorded music industry amounted to 23.1 billion U.S. dollars. Streaming made up 56 percent of this figure, bringing in 11.9 billion dollars globally.

The global music industry – additional information
Data on the growth of the global music industry revenue between 2016 and 2021, broken down by category, places digital music at the forefront of the marketplace. Between 2016 and 2021, music streaming is expected to grow by 20.7 percent on an annual basis. However, digital music downloading is expected to fall by 19.2 percent in the same period. Physical recorded music is expected to suffer and will fall by 11.6 percent annually

[luprki]

Here is another article:
https://midiaresearch.com/blog/recor...-winners-again

There are many sources to prove the music industry is alive and well, despite piracy

[thwhtGuardian]

Piracy is really hurting the music industry- NOT

https://www.statista.com/statistics/...usic-industry/
Global revenue of the recorded music industry 1999-2020
Published by Statista Research Department, Jul 14, 2021

In 2020, the total revenue of the recorded music industry amounted to 23.1 billion U.S. dollars. Streaming made up 56 percent of this figure, bringing in 11.9 billion dollars globally.

The global music industry – additional information
Data on the growth of the global music industry revenue between 2016 and 2021, broken down by category, places digital music at the forefront of the marketplace. Between 2016 and 2021, music streaming is expected to grow by 20.7 percent on an annual basis. However, digital music downloading is expected to fall by 19.2 percent in the same period. Physical recorded music is expected to suffer and will fall by 11.6 percent annually

...nothing there disputes what others have told you on the subject...this goes back to what I was saying earlier about you constantly misrepresenting facts or perhaps ,if we're being charitable, you just don't know how to read graphs.

In 1999 the music industry made 40 Billion dollars, after the advent of piracy it fell to nearly half that with sales 2001 coming in at 24 Billion and then(as Username taken said) there was a steady decline from then on culminating in just 14 Billion in 2014. With the popularity of streaming services like spotify exploding in 2015 revenue started to rebound...but it still hasn't gotten back to the sales in 2001 and I don't think you'll find anyone who thinks it will continue to grow to the point that it reaches the heights it reached in the 90's.

And all of that is in your table.


What's not there though is that the artists don't make as much from streaming revenue as they do from physical music sold which is what people are talking about when they talk about the health of the music industry. Nobody cares that the fat cat music executives are starting to get back to where they used to be, they're talking about how the artists who create the music they love aren't making as much from their records as they used to.

[hyped78]

To say that piracy (not "privacy") hasn't hurt the music industry is to have absolutely no idea about the global music industry. It's not even funny

[Username taken]

Piracy is really hurting the music industry- NOT

https://www.statista.com/statistics/...usic-industry/
Global revenue of the recorded music industry 1999-2020
Published by Statista Research Department, Jul 14, 2021

In 2020, the total revenue of the recorded music industry amounted to 23.1 billion U.S. dollars. Streaming made up 56 percent of this figure, bringing in 11.9 billion dollars globally.

The global music industry – additional information
Data on the growth of the global music industry revenue between 2016 and 2021, broken down by category, places digital music at the forefront of the marketplace. Between 2016 and 2021, music streaming is expected to grow by 20.7 percent on an annual basis. However, digital music downloading is expected to fall by 19.2 percent in the same period. Physical recorded music is expected to suffer and will fall by 11.6 percent annually

This doesn't dispute what we mentioned earlier.

At all.

[Username taken]

To say that piracy (not "privacy") hasn't hurt the music industry is to have absolutely no idea about the global music industry. It's not even funny

Indeed.

It certainly is one of the more "interesting" arguments I've read on this forum.

The collapse and struggles of the music industry isn't really something worth arguing at this point. The event has already happened and the industry is just picking up the pieces now.

[Username taken]

...nothing there disputes what others have told you on the subject...this goes back to what I was saying earlier about you constantly misrepresenting facts or perhaps ,if we're being charitable, you just don't know how to read graphs.

In 1999 the music industry made 40 Billion dollars, after the advent of piracy it fell to nearly half that with sales 2001 coming in at 24 Billion and then(as Username taken said) there was a steady decline from then on culminating in just 14 Billion in 2014. With the popularity of streaming services like spotify exploding in 2015 revenue started to rebound...but it still hasn't gotten back to the sales in 2001 and I don't think you'll find anyone who thinks it will continue to grow to the point that it reaches the heights it reached in the 90's.

And all of that is in your table.


What's not there though is that the artists don't make as much from streaming revenue as they do from physical music sold which is what people are talking about when they talk about the health of the music industry. Nobody cares that the fat cat music executives are starting to get back to where they used to be, they're talking about how the artists who create the music they love aren't making as much from their records as they used to.

Exactly this.

The record companies basically operate like "venture capitalists" now with artists having very little control and generate little income from their own records.

The record companies are making money from streaming (albeit not even as much as album sales did in the past) but the musicians are not which is why we can't say the industry is truly healthy.

We're likely going to see more artists do a "Rihanna" and pivot away from music into other ventures because music doesn't really generate the income for them that it used to.

[The Darknight Detective]

Neither - it's actual public knowledge that is easily observable and available, you can google it.

Yeah, unlike theaters drying up in a few years, it's indisputable that the music industry isn't what it was during my childhood and when I was a young adult.

[luprki]

When I don’t present proof, I hear where is your proof.
When I present proof, it’s not accepted. lol

It’s interesting that streaming is leading the way in the music industry, who would’ve thought that 10 years ago.
See where I’m going with this?