No, The Music Industry Outlook Isn't Grim… Just For Selling Recorded Music
from the it-ain't-the-same dept
JJ passed along a short article from a week or so ago, claiming that the “outlook” for the music industry is “still grim” according to some industry insiders at a conference. Except… that’s not really true. Once again, it seems like there’s confusion between the recording industry and the music industry. Yes, it may be true that the outlook for selling plastic discs or downloads may not look so hot, but that’s hardly everything that encompasses the music industry — and claiming otherwise is not at all accurate. The recording industry has pushed this myth for years, and it’s too bad the press continues to parrot the same line. Yet, when studies actually look beyond just selling the music directly, they find that the outlook isn’t grim at all. Claiming that the outlook for the music industry is grim is like claiming that the outlook for the transportation industry is grim in 1910 because the market for horse carriages is declining.