No platinum selling artists this year. Sales are down by 4% this year. All hopes are on Taylor Swift with her new Pop Album. Certainly not like the 90’s when some artist certified over 10 x platinum. Now the industry is worth 15 billion / year. Nearly 50% down.
The year’s top-selling album is the soundtrack to a Disney movie.
Funny the CEO of Groupon is a 30 something musician and last I checked Groupon is worth around 50 billion.
More than the music industry
There’s 42 revenue streams in the music industry: