I had a hunch that old songs were taking over music streaming platforms—but even I was shocked when I saw the most recent numbers. According to MRC Data, old songs now represent 70% of the US music market. Those who make a living from new music—especially that endangered species known as the working musician—have to look at these figures with fear and trembling. But the news gets worse.
I can’t say I can relate as my kids of ages 21, 18, and 16 do their best to stay clear from the music I like, but anyways, Ted Gioia’s latest piece on recent music trends is super-interesting.