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**boriscleto** · 02-25-2020, 10:09 PM

Streaming now accounts for 79% of US music industry revenue, RIAA says

**RGlasel** · 02-25-2020, 10:33 PM - **1 Like**

Do you mean the marketers of physical media? FWIW, Sony Music is second only to Games & Network Services as a profit machine for Sony Corp and is twice as profitable as Imaging & Sensor Solutions. Recording artists are getting a minute fraction of the recording industry's revenue, that hasn't changed since Thomas Edison was grooving with wax cylinders.

**ChrisPlatt** · 02-27-2020, 05:02 AM - **1 Like**

Music from many artists especially those on small labels isn't even available for download.
Fortunately the technology and cost to manufacture CDs and LPs isn't out of reach anymore.

The CDs I buy from independent labels today cost the same - in todays dollars - as I paid for major labels CDs 20 years ago.
The artists are getting more of the proceeds and I'm no longer paying for the corporate promotion machine.

Chris

reeftool · 02-27-2020, 07:36 AM - **1 Like**

I really don't care much about the record companies. I suspect they will survive. Whether the artists and songwriters will do better in the age of streaming is a big question. Some have been very vocal about how they don't like streaming. I still buy an occasional CD but as Chris, they are from independent artists and I usually buy them at one of their shows if I like their music.

**Rondec** · 02-27-2020, 09:43 AM - **2 Likes**

CDs may be doomed. LPs are currently experiencing a resurgence.

**dipo 1** · 03-05-2020, 02:10 PM

Well I have been collecting "records" albums, vinyl since the early 70s then CDs came out and I sold all my albums (bad choice) and bought CDs, then was climbing around in my attach and found my old Pioneer turn table, ahhh I said, got it down and it still worked, so went to Barns & Knoble to buy an album, the Beatles White album was $40. Put the turn table away and now down load music and put it on my Sony digital Walkman. Go figure.

The Squirrel Mafia · 03-05-2020, 02:50 PM - **1 Like**

I like my vinyl, 45s, & CDs. Long live Amoeba Music! (^o^ ) <3

02-25-2020, 10:09 PM	#1
boriscleto Loyal Site Supporter Join Date: Dec 2009 Location: North Syracuse, NY Photos: Gallery Posts: 16,477	Record companies are Dooomed Streaming now accounts for 79% of US music industry revenue, RIAA says

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02-25-2020, 10:33 PM - 1 Like	#2
RGlasel Site Supporter Join Date: Sep 2013 Location: Saskatoon Photos: Gallery \| Albums Posts: 3,229	Do you mean the marketers of physical media? FWIW, Sony Music is second only to Games & Network Services as a profit machine for Sony Corp and is twice as profitable as Imaging & Sensor Solutions. Recording artists are getting a minute fraction of the recording industry's revenue, that hasn't changed since Thomas Edison was grooving with wax cylinders.

02-27-2020, 05:02 AM - 1 Like	#3
ChrisPlatt Site Supporter Join Date: Nov 2007 Location: Rockaway Beach NYC Posts: 7,697	Music from many artists especially those on small labels isn't even available for download. Fortunately the technology and cost to manufacture CDs and LPs isn't out of reach anymore. The CDs I buy from independent labels today cost the same - in todays dollars - as I paid for major labels CDs 20 years ago. The artists are getting more of the proceeds and I'm no longer paying for the corporate promotion machine. Chris

02-27-2020, 07:36 AM - 1 Like	#4
reeftool Pentaxian Join Date: Dec 2007 Location: Upstate New York Photos: Gallery \| Albums Posts: 9,555	I really don't care much about the record companies. I suspect they will survive. Whether the artists and songwriters will do better in the age of streaming is a big question. Some have been very vocal about how they don't like streaming. I still buy an occasional CD but as Chris, they are from independent artists and I usually buy them at one of their shows if I like their music.

02-27-2020, 09:43 AM - 2 Likes	#5
Rondec Loyal Site Supporter Join Date: Mar 2009 Location: Gladys, Virginia Photos: Gallery Posts: 27,666	CDs may be doomed. LPs are currently experiencing a resurgence.

03-05-2020, 02:10 PM	#6
dipo 1 Site Supporter Join Date: Feb 2018 Posts: 374	Well I have been collecting "records" albums, vinyl since the early 70s then CDs came out and I sold all my albums (bad choice) and bought CDs, then was climbing around in my attach and found my old Pioneer turn table, ahhh I said, got it down and it still worked, so went to Barns & Knoble to buy an album, the Beatles White album was $40. Put the turn table away and now down load music and put it on my Sony digital Walkman. Go figure.

03-05-2020, 02:50 PM - 1 Like	#7
The Squirrel Mafia Pentaxian Join Date: Jan 2015 Posts: 3,058	I like my vinyl, 45s, & CDs. Long live Amoeba Music! (^o^ ) <3

Record companies are Dooomed

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