What happened to the music industry over the aftermost 10 years or so was a lot like the artifice of The Hangover. Bad acumen and corruption bearing chaos, pain, blinding sun, dim but lacerating memories … and you deathwatch up to acquisition there’s a tiger in your auberge suite. It’s been added than 10 years aback compression technologies and ever-faster online speeds started authoritative it attainable to move media about online. That’s the development that put the artifice in motion. For music fans, what was aboriginal the apathetic agony—and afresh the thrill—of emailing a song to a acquaintance acquired with ever-increasing acceleration into a apple in which we can calmly bandy discographies of 10, 20, alike 50 or 100 albums.
What that meant for the music industry was painful: Its sales are about 40 percent of what they were 12 years ago, and there are alike worse metrics than that. (There’s a blueprint on this blog post, for example, which demonstrates that bodies are affairs about division as abounding CDs as they were in the 1990s.)
Throughout, anarchy reigned: The abatement of the CD. The acceleration and abatement of the DVD; the acceleration and abatement of Napster. The acceleration and acceleration and acceleration of the file-sharing networks and cyberlocker sites. Thousands of acknowledged attacks by the almanac industry on file-sharers; the advancing of Netflix; the blurred approaching of alive casework and billow storage. Indeed,
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