Music Deluge: Is More Less?

The Wall Street Journal: “It has never been easier to listen to vast quantities of music, discover new artists and create, distribute and promote your own tunes. But there’s a downside: It is harder for artists to break through the cacophony of today’s global pop-music machine. And some fans, already struggling to keep up with television, social media and other entertainment, are feeling overwhelmed.”

“The amount of music released globally in 2017 is roughly seven times the amount released in 1960, according to data from Discogs.com, a user-generated database of physical recordings. Nearly 150,000 new albums saw at least one physical or digital sale in the U.S. last year, according to Nielsen. While older Nielsen figures aren’t comparable due to data issues, they show the number of new albums rising from 36,000 in 2000 to about 77,000 in 2011.”

“Not long ago, record labels operated on a less-is-more strategy, seeking to avoid cannibalizing an artist’s album sales by putting out yet another one too soon. In the CD era, the costs of producing and distributing each album made it important to make higher-grossing albums to ensure profits. With streaming, those costs aren’t as high, and labels have a greater incentive to own, release and re-release more music … Mark Mulligan, a music-industry analyst at MIDiA Research, says distributors are making money based on quantity, not quality.”

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