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Why did the music industry decline in the late 1980's?

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The music industry didn't really decline until the year 2000 (aka. Y2K). The music industry declined in the very late 90's and early 2000's due to digital format which changed the way music was listened to. By the mid 2000's the industry was at a bit of a loss what to do. read more

The music industry didn’t really decline until the year 2000 (aka. Y2K). The music industry declined in the very late 90’s and early 2000’s due to digital format which changed the way music was listened to. By the mid 2000’s the industry was at a bit of a loss what to do. read more

What the music industry says. What actually happened. Source: There are many variations of the same graph. The point is that there was a huge spike in the 90s and I aim to explain that. You don't have to be an analyst to identify something wrong with the record industry's graph. read more

Wrong: The music industry is down around 40% from its peak in 1999 Correct: The music industry is down 64% from its peak. Wrong: At least the music industry is almost 4 times better off than in 1973. read more

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