50 Fascinating Facts About the Music Industry
By Joni Sweet, Stacker News
On 1/29/21 at 8:00 PM EST
Music is one of the most ubiquitous art forms in the world. Lullabies soothe babies to sleep from the youngest of ages, and kids try their hand at playing an instrument in elementary school. By the teenage years, music becomes part of our identities we gravitate toward certain genres as a form of our own self-expression, and the lyrics and melodies feed the deepest part of our souls. Music then takes on new roles in adulthood. It keeps us entertained on our commutes, helps us stay focused at work, provides a welcome distraction while we re doing chores around the house, and sets just the right mood for parties and get-togethers. Plus, in non-pandemic times, seeing our favorite bands perform live and feeling the energy of crowds at arena concerts often become some of our most cherished memories. Music is with us at every stage of life.
Justin Bieber and his model wife Hailey looked inseparable as they displayed their longtime affinity for wearing coordinating outfits on Tuesday in Beverly Hills.
(Alyson Aliano/ Getty Images)
Vinyl sales have been surging in the last few years, as CD sales stay flat and digital downloads decrease.
In an era when so much music is at our fingertips through streaming services for a small monthly fee, collectors are okay to spend more on vinyl.
Consumers are never be fully assured of access to their favourite songs without owning a physical copy of them.
Vinyl sales have been surging in the last few years, as CD sales stay flat and digital downloads decrease. In the United Kingdom, data from 2016 reveals that vinyl LP sales revenue surpassed that of digital downloads. And in the United States, LP sales are on par with the sales of CDs.