A fan asked Josh Dies (lead singer of Showbread) the reason he thought the music industry is dead. This was his response (and I agree with him)…
“Illegal downloading has all but destroyed the music industry. today the best selling artists in the world sell about 2 or 3 million copies of their records. when i was in highschool it wasn’t at all unusual for popular artists to sell 20-30 million.
stealing has also crippled the attention spans of listeners. music “fans” have nothing invested in music because they steal it or download it with a click and as a result they often feel no attachment to the art and won’t support it live or follow it. when people had to seek out information on their favorite artists and then drive to a store and purchase a physical album if they wanted to hear anything from it, they invested a part of themselves in the process. this investment is by and large forgotten today.
people have come to believe they are entitled to free art and become agitated when it is implied or suggested that something that cost a lot of money to make should be worth money.
more and more big artists are giving up on touring and making albums because there are few ways to fund something that won’t pay for itself. record labels and concert venues are going out of business left and right.