Is Music dying? Shares of UMG tank after deceleration of streaming revenue....

[Saysumthinfunnymike]

shyt ain't working brehs. There's like 4-5 major artists, a few that are bubbling and that's it.. everyone else the industry tries to push gets their 15 minutes and fizzles out. Also, everything is way too fragmented.

Has the Music Industry Peaked?

Matt and Lucas Shaw discuss whether it’s time to panic for the music industry after shares of Universal Music Group tanked due to a deceleration in streaming subscription revenue growth

www.theringer.com

 

[Awesome Wells]

Thing is, the industry killed itself.

All that greed and exploitation caught up with the business. Now, they're trying to find new ways to rob artists, but the same tech they wanted to invest in, is causing people to spend less. So the industry is losing bread left and right, and artists are finally starting to learn the business and understand they don’t need the labels anymore.

They've created mad overnight entrepreneurs because artists woke up and saw that they didn't want to get got like all the other artists who came before. So the industry is scrambling now to find other ways to steal from artists, but the money just isn't coming in the way that it used to. 10-15 years from now, none of this will look the same.

 

[Artificial Intelligence]

I blame the downfall of drake.

 

[ORDER_66]

They did this to themselves... dumbed down the music for years, destroyed the fabric and balance of black music now you reap what you sow... you fukking bytch...

 

[TAYLONDO SAMSWORTHY]

Buncha old ass white men at the top tryna scramble and figure out ways to adapt to technology and jack young artists bread and publishing.

We’re in the age of information now and no longer in the dark so its keeping these mfs honest and now they’re hemorrhaging money.

WATTBA

 

[Sk3ptical]

Ain't too many stars being made in all genre of music these days. It's the same fukks on top of the charts.

shyts kinda weird because u would think it would be more easier in the age of the internet.

 

[ORDER_66]

Ain't too many stars being made in all genre of music these days. It's the same fukks on top of the charts.

shyts kinda weird because u would think it would be more easier in the age of the internet.

I believe the real music is out there but you not gonna find it on the radio...

 

[jensyao]

music is timeless and will always exist

the music industry itself need to die a painful death and have every executive involved burn into ashes for gatekeeping/dictating what their interpretation of music is, just for music itself to rise back like a phoenix

 

[Saysumthinfunnymike]

Buncha old ass white men at the top tryna scramble and figure out ways to adapt to technology and jack young artists bread and publishing.

We’re in the age of information now and no longer in the dark so its keeping these mfs honest and now they’re hemorrhaging money.

WATTBA

I agree... they don't know what to do and their partners don't give a shyt except Spotify. Apple/Amazon aren't too pressed because it's just a small part of what they do.

Some artists are greatly benefitting from being mostly independent but I'm unsure how that will look in 5-10 years. You have to remember that the Taylor Swift or Adele or Drake or whoever were made when the music industry was still able to get everyone to buy in.

Now with the way it's fragmented, I think you'll see more artists be able to do decently going independent but they won't be able to reach those heights of the record label darlings.

 

[Kidd Dibiase]

imagine that you sign a bunch of people and never actually try to develop their talent and now you just have a bunch of flash in the pan music that wont age well or worth spending money on.

The affect the pandemic had on the music industry kinda gets swept under the rug, some artists that were on the cusp of stardom kinda fell to the wayside after that.

 

[Regular_P]

Ain't too many stars being made in all genre of music these days. It's the same fukks on top of the charts.

shyts kinda weird because u would think it would be more easier in the age of the internet.

The internet ruined music. Everything is WAY too fragmented.

As a flabby head, when I was in school, even if you didn't listen to everything, you knew who the major artists and songs were. There were countdown shows on MTV, BET and every radio station. That kept everyone informed and developed a culture where everybody knew the trends and major/new artists. It tied everyone together.

None of that exists now. There is no TLR, Rap City, 106 & Park, Yo! MTV Raps, etc. People just have their own Spotify playlists and keep to themselves. It is nearly impossible for an artist to break out in a major way now.

 

[IIVI]

I keep saying it, streaming hurt the anticipation and interaction with album releases.

Everything gets dropped at the same time every single week: Thursday 9PM PST with a $15/month streaming service.

Nobody grouping up on the internet trying to find the album in a community or thread. Album release threads go wood where they used to gather groups of people from around the internet because your one thread had the leak. Remember when cats used to get the album early and started blasting it? Now it's all standard issue for everyone. The listener doesn't feel special.

It's all too easy and the end product flat out just sounds like everything else now anyways. There's no effort put in whether you're going to the store to find the album or finding a thread on the internet that has it. The ceremony is gone.

 

[Hersh]

too much accessibility..

but I think shyt will cycle back around..

 

[2 Up 2 Down]

Tons of small artists and bands that people get more joy from listening to than the major musicians that everyone knows

 

[⭐⭐⭐⭐⭐]

Shares of everything tanked ... Investors get emotional and clutch their sheckles when there is even a drop of blood in the water

Some people in certain segments of investments don't have much to spare and choose investment over traditional savings accounts (devestment) so when there is a sell off they rush to get their sale in. At that point the wealthier men and institutions will come in and buy up shares at a discount
Nobody wants to be the last one to sell

But the wealthy don't want to miss put on a fire sale

But do you think your average working man is invested in UMG? No. Those are institutional investors, likely BlackRock and Vanguard, and the value to them. Is more than what is on paper but having a say in the cultural influence, for which popular music is a foremost valuable tool