Another Take on the Recording Industry

This one from reddit. A few thoughts: LP records (“vinyl” in the parlance of the young) look to be about as commercially significant as they were in the early 1990s, which is to say not all that important. LPs aren’t so much the comeback kid as a significant niche product with stead sales that hasn’t shown a lot of growth in years. The really important story is obviously  streaming music. Also, I guess it’s safe to say that ringtones are commercially dead.