Quote:
Originally Posted by mr ploppy
There's a graph here showing US recorded music sales from 1973 to 2009.
http://static6.businessinsider.com/i...c-industry.jpg
Sales tend to go up and down coinciding with economic recession, as you would probably guess, and while there was actually a very small dip in 1997that coincides with Napster, the total for that year still excedes the previous high peak in the mid-70s. There was then quite a sharp spike in sales for the next few years, before the current recession hit and sales slumped again. |
Wow, that's a pretty steep decline.
Since, it's per capita I assumed they adjusted for inflation and population growth but if they didn't ... double wow.