Is Old Music Killing New Music?
Old songs now represent 70 percent of the U.S. music market. Even worse: The new-music market is actually shrinking.
www.theatlantic.com
Old songs now represent 70 percent of the U.S. music market, according to the latest numbers from MRC Data, a music-analytics firm. Those who make a living from new music—especially that endangered species known as the working musician—should look at these figures with fear and trembling. But the news gets worse: The new-music market is actually shrinking. All the growth in the market is coming from old songs.
Is it? Yup. Why? Cuz ours are better.