Here’s a hard, inflation-adjusted look at the actual state of recording music sales in 2024 – and where things might go next.
Somewhere, in the gigantic and conflicting jumble of music industry statistics being bandied about, recorded music sales made a clean comeback. The phrase, ‘streaming saved the music industry,’ is partly true. However, when it comes to actual recorded music revenues, the latest data reveals that streaming hasn’t come close to powering an actual recorded music sales comeback, particularly in the largest recorded music. . .