So I came across this article a short time ago, and found it to be evidence of something I’ve felt to be true for some time now: that only the labels and the “big business” model of distributing music lose when music is free. Times Online, the online arm of The Times of London, has the full story, but here’s some highlights:
This is the graph the record industry doesn’t want you to see.
It shows the fate of the three main pillars of music industry revenue — recorded music, live music, and PRS revenues (royalties collected on behalf of artists when their music is played in public) over the last 5 years.
[…]
The most immediate revelation, of course, is that at some point next year revenues from gigs payable to artists will for the first time overtake revenues accrued by labels from sales of recorded music.
Huge stuff, and I’m willing to bet that the same holds true (albeit in larger numbers) for American artists. There’s some great graphs that clearly demonstrate the trend included with the article, go check it!
(via Times Labs Blog)








