The music industry may or may not be in trouble as streaming has taken over.
Well.. it’s fragmented. We’ve been saturated with so many new artists that it’s difficult to keep up with them all depending on what you listen to.
Compact Disc [CD], cassette tapes,Vinyls and digital.
First, the way CDs are gaining traction:
CDs Make a Sudden Comeback Thanks to a Surprising New Audience
https://www.headphonesty.com/2024/08/cds-suddenly-back-demand-thanks-surprising-audience/
I’m listening to CDs again in 2024 for these 6 reasons
https://www.pocket-lint.com/why-im-listening-to-cds-again-in-2024/
Everyone Says CDs Are Dead or Dying, But Here’s the Real Story
https://www.headphonesty.com/2024/10/cd-not-dead-evolving/
If you’re not wanting to click on these links the summary is that CDs have been on a decline since the explosion of streaming. Which we’ll get to the links on the reason music albums in general are declining later. While you do have articles pointing to either direction what has actually been happening is CDs and album buying had been on a decline. Best Buy for an example quit having a decent selection in CD buying as fewer people were buying them.
The problem, Best Buy as a result became a decline. Stores in general have been due to online shopping but that’s another story. Basically the truth is, fewer people are buying CDs and albums in general. But wait? Why the conflict?
Taylor Swift’s “The Tortured Poets Department” sold an amazing 2.47 million CD copies in the first half of 2024, according to Luminate’s data.
While the younger generation is fueling the revival of CD buying this is based on a single album, released in April 2024. This is far from the way people listen to music which is mostly streaming. At least in the United States…
In perspective streaming music and YouTube takes the biggest chunk out of digital and physical sales, which totals out at 46% while AM and FM are either talk radio or regular radio. I didn’t mention the others and while this isn’t the most accurate way to look at it album sales are on a decline regardless.
How music lost its value
https://www.fastcompany.com/91159227/how-music-lost-its-value-eminem-documentary-cds-90s-napster
It all started with Napster and ended with streaming services such as Spotify and YouTube. Sadly with the reduced album sales it’s never been a worst time to be in the music industry where tour prices have gone up and people would prefer to stream the music they like instead of buying the artists work.
Why I Prefer Streaming Music Over Owning Albums
https://www.makeuseof.com/why-prefer-streaming-music-over-owning-albums/
Now this does make a lot of sense and streaming does have its uses after all, instant access to an entire massive library all in one place with new albums being added every day streaming makes a lot of sense. It also helps those who don’t listen to albums regularly. Now let’s look at the other aspect…
Why I Prefer Owning My Music Over Streaming
https://www.makeuseof.com/prefer-owning-music-over-streaming/
Of course there are advantages of buying CDs or albums in general that you own. I prefer buying CDs that I can toss on the computer and my phone. I don’t stream because otherwise I’d use up a lot of my data and besides that I use last.fm religiously as you can still get all the perks of streaming. It’s a little less intuitive as streaming services with millions of albums at the ready but the way it works is that I just listen to the music from my phone (or computer) and it basically keeps a record of what listen to. I still have to work a bit to get new material, by looking for it on YouTube. If I like it, I’ll buy the CD. Sometimes i have to download it in order to listen to it more frequently as the CD isn’t available.
Often times it involves going to other websites because last.fm isn’t totally perfect either but it certainly helps what I’ve listened to and how much to determine whether looking at similar artists is a good thing and helps to determine whether or not buying the album is even worth it if I’m listening to it regularly. Plus it’s nice to communicate to other listeners.
To me buying CDs helps out the artist and encourages the label to keep CDs in print which I’m bringing to my next concern. As a CD buyer for quality and for the artwork (Vinyl is too expensive) some albums are not even being produced. Many Christian artists are no longer releasing albums on CD, however since I listen to a lot of metal CD buying is more common, but still labels or artists are letting their albums go out of print or not reissuing them despite the fact there are still some who prefer buying CDs.
Either they are not seeing the sales they want, nobody is buying them or a combination of both. Unfortunately since not every fanbase is heading out to the music store or buying their CDs online. As streaming took over album buying it can be seen as fragmented that certain artists or labels see that certain problem so they don’t want to spend the resources to make, say 5,000 CDs that won’t sell. However, I think in their best interest it would be far better to have it available as CDs don’t really have an expiration date and someplace like Amazon will just toss it in their warehouse and eventually someone will buy one. The label would automatically make the money anyways I imagine they have some albums sell better.
But I don’t know the full logistics of that let alone certain labels may find printing CDs may be more costly. It’s really up to whether the resurgence of CD buying is strong enough to make a proper comeback but CDs need enough buyers to convince the music industry that printing albums regardless of it’d popularity us worth it. And despite people claiming Vinyl is better, it’s true for the analog recordings. Everything today, produced digitally is best on CD. As mentioned in one of the articles most streaming is compressed and lacks the full sound quality on high end equipment.
Most people can’t tell the difference due to poor sound quality in their audio equipment. But I can sometimes hear background noise and muddied sound from mp3s compared to CDs and while I use a lossy format for my digital library its in Windows Media format. Whenever I download an album in mp3 for an example. Listen to it for awhile then buy the CD, copy it to WMA, the difference is clear. Streaming has the same issues I don’t like the quality and sometimes sound like a bad mp3.
Now, I posted these two links and captured these as quotes on the bottom which is yet another reason for this blog. Far as I know these two artists are concerned about the future of the music industry and whether it’s pulling away from albums. The first one with Geoff Tate is going to release an albums full of singles over the next two years. It’s I suppose an album he supposedly did that will be released as singles.
The next one here is Tony Campos seeing a potential shift, whether it’s brought on by artists such as Geoff Tate pulling away from the traditional way of releasing an album.
Now I’m sure in one of the links I posted, probably at the top has this concern that people are not buying albums, they’re streaming them instead. In one article, shows the problem that while streaming is far cheaper than buying full length albums it’s created this mess of lack of CD buying or digitally owning them and I do get the part where it’s like, why buy the CD or digital album when I can just stream it anytime I want to?
Well… the convenience and saving money is what’s killing albums and the music industry in general. Sure going to shows help bring in more money for artists and while buying the album helps out the record label more than the artist, record labels are now being forced to make changes and those changes are now apparent that the album concept is a potential sinking ship.
Depending on who you are asking there are two different groups of people out there, those who want to listen to albums and those who just want the greatest hits, or single songs. And yes albums do have fillers, it greatly depends on the artist, whether the album was written for content or filler as a result some like a couple of songs others prefer the entire album. Sometimes the album was just not that great. Some artists can create great albums.
However since the dawn of the radio I think most people have grown accustomed to only listening to single songs versus entire albums. It was until albums being released that has gained the attention of those who like 30+ minutes of music. And to many, they just have various artists in their playlists on the regular basis. Which is since streaming has been killing CDs and albums in general.
While majority of artists is currently still pushing albums out theres been gaps in between the length of them. Generally 2 to 3 years is the time span between when an album is released and artists tend to get that gap further to 5 or more years depending on the band. So it’s not only just the lack of albums buying its the amount of commitment to release new material and I get it, artists tend to have writers block. After the 2nd or 3rd album they feel they ran their course so while they may tour for a long time they don’t release anything. More artists are releasing singles or EPs which tend to have 3-7 songs versus 10-12+.
I think for the general underground artists they’ll continue writing new albums because they want to stay relevant but it’s going to be more fractured than ever before. If this isn’t enough today’s music is oversaturated to the point where we may get a variety of albums and singles. But without artists providing albums will they release a collection of their singes on CDs or will their music be permanently in the streaming world? I run into new underground artists with CDs out of stock with no interest in reprinting them and some of them are digital only or streaming only.
Spiritbox for an example, I’ve been attempting to find one of their EPs but was only available on streaming. I eventually ran into an mp3 download but that was about it. No CD. Sadly for a fairly popular artist they don’t provide EPs on CD. Similar happened with Orbit Culture. No CD on the latest EP they have done despite them releasing everything else on CD. So this is sadly already occurring of streaming only. At least for some artists. With these 2 bands in growing popularity, the opposite should occur and offer releasing on CDs. Well… I can only hope this can change but with the attitude of “CDs are antiques. Streaming is now!” The future of music is in jeopardy.
In Summary; The Bottom Line
Realistically I do see the benefits of streaming and this blog isn’t out to attack streaming as I have mentioned it is useful and a lot of people enjoy it over dealing with physical or digital music. I have however written this as a concern especially for those like me who prefer their music on CD, lossless digital data or well as I mentioned WMA is better than MP3s but you can really mostly get that from CDs. Amazon seems to be MP3 only and well for me a lossless format such as FLAC currently takes up too much space. Eventually though my favorites will probably have that anyway its taking a long time to mitigate all my music collection together to figure out storage space, plus with discovering new artists cramming it all together will get rough.
Continuing with streaming, I think it’s mostly a great tool to find new material. It doesn’t really help the music industry from an album standpoint though. As of now buying the album whether digitally or physically is the only best method. For people who prefer streaming it gets conflicting as there really is no point in buying a CD you’re not going to use. At the other spectrum it’s simply a collectors item. I use them initially to copy onto the computer then my phone and plus I like collecting the albums I enjoy so there is that but it does take up space so it wouldn’t work for those who want a tidy/minimalist lifestyle. There is the option of buying digitally but then you don’t really need it if you prefer streaming.
I guess it all boils down to how much do you appreciate the music you enjoy. Streaming saves money from having to buy $15 albums that just sits on the shelf. Again this isn’t a blog to tell people what to do, the entire point here is to simply encourage the idea if you want something like future albums streaming alone won’t help that. And CD buying, well that’s simply whether or not people are dedicated enough to keep an antiquated piece of technology that probably half of music listeners doesn’t want to go back to.
I haven’t listened to any albums on CD, even though I do have enough CD players around but considering WMA does quite well for me I don’t see a need for it. But it’s still nice to occasionally dive into album art insert.