The whole concept of a music fan owning music, caring not only about the artist but the additional players, the production people, the artwork, the care and thought that an artist puts into the concept of an ALBUM of music, meant to be listened to from beginning to end, is truly over. Music is now a commodity, and musicians are not artists, we are merely content providers.
Some examples, from an excellent Wall Street Journal article by Neil Shah:
- as of June 30, 36% of music sales are from streaming, compared to 26% from physical albums and 20% from digital downloads.
- This summer Chance The Rapper released the first streaming-only album. He has no record deal and creates no physical product. He has a deal directly with Apple Music for distribution and his album(?) "Coloring Book" debuted at #8 on the Billboard chart.
- Last week Riahanna's album "Anti" only sold 5,000 ph…