“Because the most-popular songs now stay on the charts for months, the relative value of a hit has exploded. The top 1 percent of bands and solo artists now earn 77 percent of all revenue from recorded music, media researchers report. And even though the amount of digital music sold has surged, the 10 best-selling tracks command 82 percent more of the market than they did a decade ago. The advent of do-it-yourself artists in the digital age may have grown music’s long tail, but its fat head keeps getting fatter.” — The Shazam Effect.
“Call me a relic, call me what you will
Say I’m old-fashioned, say I’m over the hill
Today’s music ain’t got the same soul
I like that old time rock ‘n’ roll” – by Bob Seger
Sad. Any opinions on how this is going to change with the streaming music model?