tomewing: chainofknives: mkngyn: What Would the Music Industry Look Like if Napster Never Existed? I call bullshit? Discuss! xoxo, michaela You call correctly, I think. What we see here is an industry bumping flatly along until the invention of the CD - said format change then producing a boom and a boost, peaking in 94 then plateauing again. Best case scenario is they’d have introduced a new format which might prompt another boost (but what? Not digital - sharing is a feature of digital media, not a Napster-shaped bug. Slashing prices might have done it, since we’re looking at unit sales here). Middle-case is that the plateau would have stretched on and the projected curve would have been flat. Worst-case is a decline, probably slower than what we actually got. Also, there have been TWO MAJOR GLOBAL RECESSIONS since Napster. There is no market, not even finance, that has enjoyed continuous, unbroken growth in the last ten years. (Arms manufacture, maybe.)
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tomewing:

chainofknives:

mkngyn:

What Would the Music Industry Look Like if Napster Never Existed?

I call bullshit? Discuss!

xoxo, michaela

You call correctly, I think. What we see here is an industry bumping flatly along until the invention of the CD - said format change then producing a boom and a boost, peaking in 94 then plateauing again. Best case scenario is they’d have introduced a new format which might prompt another boost (but what? Not digital - sharing is a feature of digital media, not a Napster-shaped bug. Slashing prices might have done it, since we’re looking at unit sales here). Middle-case is that the plateau would have stretched on and the projected curve would have been flat. Worst-case is a decline, probably slower than what we actually got.

Also, there have been TWO MAJOR GLOBAL RECESSIONS since Napster. There is no market, not even finance, that has enjoyed continuous, unbroken growth in the last ten years. (Arms manufacture, maybe.)

Source: Mashable

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