Is the Music Business Collapsing?

whynotmaybe

I don't know what's my personal impact but since I discovered Finamp, I've been listening to my personal collection for a few months now and open spotify once a month instead of daily usage. But I won't cut it because it's a family plan. I also guess I'm getting older because I find music less interesting and less in phase with my taste and the Spotify algorithm is either bad in finding new stuff I like or always pushing the same 20 songs that I've listened too much.

bob1029

The supply-side is fine. Even on Spotify. There is more content than I can listen to. I go out of my way to favorite things that are "marginal" so that my recommendation profile stays diverse. The demand is what is collapsing. 30 seconds of trashy TikTok music here and there is about all the average consumer demands these days.

toofy

as the author points out, its commercial trash music that is collapsing. and as they point out, indie music is thriving, as is live music. concerts here in my area for non corporate trash bands are regularly selling out shows. none of this should surprise anyone. these corporate labels entirely gutted their A&R departments and now tilt their heads in confusion that they have no good music. they thought an industry that literally revolves around humans could be replaced by algorithms and then tilt their heads again wondering why people run fast and far. what they did would be like if a lifetime wedding planner who had never coded in their life, doesn’t understand technology at all yet convinced themselves they could totally write a secure messenger app because they like talking to friends in whatsapp. a bunch of VC class who don’t care about (or understand) music are confused why their music corporations are failing.