More Charts The Record Labels Don't Want You To See: Swedish Musicians Making More Money

from the artists-are-doing-better-than-ever dept

We've already discussed the research on the UK music industry that shows both that live revenue is more than making up the decline in recorded revenue and that musicians themselves are making more revenue than ever before. Some people have suggested that this is a UK-only phenomenon, but a worldwide study found the same thing as well. And, now it looks like the same is being found in Sweden as well -- home of The Pirate Bay, which we keep being told is destroying the industry. Swedish indie record label owner Martin sends in the news on data from the Swedish music industry, which looks quite similar to the UK data. First, it shows that while there was a tiny dip in overall revenue, it's back up to being close to it's high, mostly because of a big growth in live music:

Chart by Daniel Johansson

Basically, recorded revenues dropped. Collections stayed about the same, but live grew. More importantly, though, is the second chart, which shows the revenue for actual musicians. And that's going in one direction: up.

Chart by Daniel Johansson

And yet, The Pirate Bay is destroying the ability to make music, right? Funny that the numbers don't seem to support that at all. Basically, these charts are showing the same thing that those other studies have shown. More music is being created. There is greater "discovery" of new music. There are greater revenue opportunities for musicians, and the only part of the business that appears to be suffering is the part that involves selling plastic discs. Yes, that sucks if your business was based on selling plastic discs, but for those who can adapt and adjust, there is more money than ever before to be made. That sorta goes against the claims that "piracy" is somehow destroying the industry, doesn't it?

Filed Under: live, music, revenue, sweden


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  1. icon
    Suzanne Lainson (profile), 14 Dec 2009 @ 12:09pm

    Re: Re: Re:

    Also, there is no indication as to the number of acts this money is distributed over. There is no indication as to the "high and low" of the numbers. What percentage of the income is made by a small number of artists?

    I'd be interested in this as well.

    Here's what has happened in the US.

    "In 1982, the top 1% of artists took in 26% of concert revenue; in 2003 that figure was 56%. ... The top 5% of revenue generators took in 62% of concert revenue in 1982 and 84% in 2003.

    http://www.billboard.biz/bbbiz/content_display/industry/e3i7a35e791d5c3a260e0dadb8a3b6168fc "

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