This graphic comes from Bain Consulting (I found it via Ed Cotton).
There will be lots of talk about the end of the graph.
But I’m maybe more interested in the middle.
Music grew phenomenally from the late eighties to the end of the nineties. It tripled in size.
But what comes up must come down.
Maybe the music industry is…
UPDATE…
Thanks to @ImperialLeidure, who’ve pointed me in the direction of this post from Business Insider… it’s done the analysis properly, and the picture is somewhat different…
…though hardly with a happier ending.
This article, which you may have seen already, in the business insider suggests that Bain Consulting didn’t actually analyse the data correctly : http://www.businessinsider.com/these-charts-explain-the-real-death-of-the-mus...
thanks for that, will amend now
I think it’s more likely to be due to illegal downloads eating into album revenue which would have kicked in about the year 2000