As Spotify, Apple Music and other music streaming platforms have become the dominant way of listeners, artists are adjusting to this condition, according to The Wall Street Journal.
As summarized by UPROXX, Discogs disc collection site reports that the amount of music released worldwide since the 1960s has increased approximately 7 times. And because of the way artists make money from streaming music services, that number continues to grow. Last year, 150,000 albums sold at least one digital or physical copy, compared with only 36,000 in 2000.
“Unlike CDs or downloads, which generate revenue only once, streaming a song generates royalty each time it’s heard. There are big record companies launching music catalogs and reissuing old songs while battling for market share”.
I am a Brazilian journalist, a Classic Rock and Heavy Metal lover. Music has always been part of my life, helped me through tough moments and was with me to celebrate the good ones. When I became a journalist I knew I wanted to write about my passions. After college I did a postgraduate degree in digital communication. This has helped me to make the website better and bring the best of classic rock to the world! MTB: 0021377/MG