How Digital Music Has Changed the Music Industry
Within just the past two decades, everything industry from retail, news, marketing, investing, and certainly music, have all been completely flipped upside down by the revolution of the internet and online technology. Whether it’s laptops & desktops, smartphones & tablets, ipods and mp3 players, and countless other mobile devices and wifi available everywhere you go, our world has certifiably been digitized. A deeper look into the evolution of the music industry in particular over these past couple decades sheds even more light into how digital technology has totally transformed the way we as consumers find and pay for our music, and how the music industry has likewise adapted to suit our needs and the needs of the new digital landscape. If you were born before say, the early 90s, you can probably just imagine in your head the conceptual move from vinyl, to cassette tape, to minidisc, to CD, to the digital music file. Now imagine this – January 2012 marked the first time digital music sales surpassed physical album sales. Check out this infographic for more similar statistics about the revolution of digital music.
This infographic was produced by BearShare, the world’s leading free and legal file sharing software. Millions of users download free music from BearShare.