Quote:
Originally Posted by Kostas
I'm not sure that this is what happened with authors (artists) in the music industry. I suspect they lost a lot of money too. That's probably why they are much more on tour during the last years, trying to compensate income losts.
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Only the big names in the music industry (e.g. U2, Metallica, Springsteen, etc.) made any money from CD sales. The smaller acts only made money touring. So yeah, some of the big artists took a hit, but not all of them. For example, acts like NIN and Radiohead have put out their recent releases for free on the web and claim not to have suffered financially as a result. Record labels are notorious for cheating their artists, and IMO the digital music revolution gave them what they deserved.
I suspect that one reason that ticket prices have risen so much is because of the Ticketmaster monopoly.