Why Major Music Labels Still Matter
- Details
- Tuesday, 22 September 2015
Reports of the music industry's death have been greatly — or at least slightly — exaggerated. Yes, album sales are down from their peak of 785 million in 2000 to 476 million in 2014; and global music sales have fallen by $5 billion over the past decade; and, in theory, technology has given artists the tools to create, distribute, and promote their music without interference from traditional record companies.