The Evolution of the Music Industry
02 September 2016Do you remember your first gig or the first album you bought? Whether it was a tape cassette or a vinyl record there was something special about buying your first physical album.
In today's world albums are commonly bought digitally without a physical purchase through subscription platforms or streamed online. The emergence in recent years of music's digital age has affected physical music sales figures, retail prices and artist earnings.
This graphic breaks down the facts on the cultural evolution of the music industry, investigating everything from live music ticket prices over time right through to average artist payouts for digital streaming across different subscription platforms. Open your eyes and your ears to changing face of the music industry.
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