The Money Of The Music Industry
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Music tourism 'brings £2.2bn' into UK music industry

Music tourism 'brings £2.2bn' into UK music industry | The Money Of The Music Industry | Scoop.it
A Wish You Were Here report reveals that 6.5 million tourists visited Britain in 2012 to attend a festival or live show
Josh Murray's insight:

Touring is a huge contribution to the Music Industry's revenues

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Digital Music News - Why the Music Industry Doesn't Care About Selling Music Anymore...

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The Music Industry makes the majority of its money from sources that aren't music sales

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New Report Finds Online Piracy, Free Streaming Benefits Music Industry

New Report Finds Online Piracy, Free Streaming Benefits Music Industry | The Money Of The Music Industry | Scoop.it
After years of rhetoric and legal implications, a recent report has discovered that online piracy has not negatively impacted the music industry. In fact,
Josh Murray's insight:

Though piracy has cause the sales of recorded music to go down, the total revenue that is made by the Music Industry has increased since 1998

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Think piracy is killing the music industry? This chart suggests otherwise.

Think piracy is killing the music industry? This chart suggests otherwise. | The Money Of The Music Industry | Scoop.it
Sales of recorded music have plunged over the last decade. But concert ticket sales and other revenue have offset almost all of the decline.
Josh Murray's insight:

The Washington Post is a very well known and respected newspaper. Its credibility is very good

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New study claims digital downloading doesn't actually hurt the music industry

New study claims digital downloading doesn't actually hurt the music industry | The Money Of The Music Industry | Scoop.it
UK study claims digital music downloading does not negatively effect on the music industry
Josh Murray's insight:

It was thought that even legal digital downloading was decreasing the sales of music. This is not the case

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