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Showbiz, Music Industry Jobs Drop 19% in Two Years

Showbiz, Music Industry Jobs Drop 19% in Two Years | Recording Arts | Scoop.it
The U.S. economy has seen a steady erosion of jobs in the motion picture and sound industries, according to the Bureau of Labor Statistics. Preliminary statistics from the BLS show that employment ...
Robert Stewart's insight:

This article gives data about the decrease in jobs with in the sound industry . These positions have been hard to find with the on going years. This article gives examples from the past and present .

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The Cruel Math Behind Why Streaming Will Never Save The Music Industry

The Cruel Math Behind Why Streaming Will Never Save The Music Industry | Recording Arts | Scoop.it
The recorded music business has had a pretty lousy 15 years, shrinking by half from its peak of $40 billion in 1999. And the past year hasn't exactly been much better, according to the International Federation for the Phonographic Industry (IFPI). Revenues slipped another 4% overall and even digital downloads, dominated [...]
Robert Stewart's insight:

This article supports the fact the money is dropping in the music industry. Apple is an example of the decrease in wages.

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Anthony Pierce's curator insight, January 16, 2016 6:51 PM

This article explains how music sales have decreased by 50% since music streaming has become popular. This article highlights how music streaming is continuing to tear down the industry because royalties are so low in payment, and record sales are not happening. 

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The Music Industry Has 99 Problems. And They Are... - Digital Music News

The Music Industry Has 99 Problems. And They Are... - Digital Music News | Recording Arts | Scoop.it
1. The music recording is failing.  Across the board, artists are experiencing serious problems monetizing their audio releases. 2. Recording revenues have been declining for...

Via Dean Vitale
Robert Stewart's insight:

After reading this article I learned there are many problems in the industry that can hurt record labels or even a recording artists financially . These points that are made are credible because they give examples from the present and past . It also contains information that is citied on other sites. 

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Dean Vitale's curator insight, November 6, 2014 3:47 PM

The accuracy of this site is that it gives me several links to other pages to help back up the situations the article is saying. This article jumps are from the past and present problems from the industry. This was written to inform people about events that are going on deep inside of the music industry. The writer of this article is Paul Resnikoff. Here is a little background about him. http://www.digitalmusicnews.com/about/team/paul

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Spotify and YouTube Are Just Killing Digital Music Sales | TIME.com

Spotify and YouTube Are Just Killing Digital Music Sales | TIME.com | Recording Arts | Scoop.it
Since the iTunes Store launched in 2003, digital music sales have been viewed as the music industry’s saving grace in the face of declining physical album sales and rampant online piracy.
Robert Stewart's insight:

This article gives information about the way Spotify and YouTube decreases digital music sales. This gives examples from the past and present so is very credible in that aspect.

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The Price of Music by David Pakman | David Pakman | Disruption

The Price of Music by David Pakman | David Pakman | Disruption | Recording Arts | Scoop.it
Digital music streaming services like Spotify and Beats are priced too high to reach mass adoption
Robert Stewart's insight:

This article provides information about the money that the music industry isn't making like they used to be. Since the purchase of music is dropping the prices are growing. 

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