File-sharing: good for acts; bad for distro

Picture 5

This is the graph the record industry doesn’t want you to see.

It shows the fate of the three main pillars of music industry revenue – recorded music, live music, and PRS revenues (royalties collected on behalf of artists when their music is played in public) over the last 5 years.

The most immediate revelation, of course, is that at some point next year revenues from gigs payable to artists will for the first time overtake revenues accrued by labels from sales of recorded music.

Much more detail at: Times Labs

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