More Charts The Record Labels Don't W...
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
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
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?
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