X

How Has The Economy Affected The Music Industry?

image from 2.bp.blogspot.com In part because it was already in it's own downward spiral, it has been difficult to get an accurate read on exactly how the poor economy has impacted the music industry. But Billboard's Glenn Peoples has offered the best brief summary yet of the slump's overarching affect on every corner of both the traditional and emerging music industry:

"This continued economic malaise puts downward pressure on items like concert ticket prices, demand for consumer electronics (which influence the adoption of new music services) and advertising budgets (which influence licensing revenues for record labels and music publishers)."

How has the poor economy impacted your music business or career?


Leave a Reply

Message
Your Name *
Your Email *
Website

Contact us

ARE YOU IN NEED OF A QUALIFIED
POST PRODUCTION PARTNER?

JUST WANT TO SAY HELLO?

Send us a message using the contact form. We never pass up an opportunity to talk shop.