To those who keep up with the industry news, this is stale. But I found it surprising.

So what is the business model of record companies nowadays? Let us assume they get 5 USD per sold album - you can't make a living out of these sales figures... Licensing? Streaming? A cut in merchandising and live revenues?

And for the artists - I guess the time of multi-million dollar advances are loing over...

Hudson said:

To those who keep up with the industry news, this is stale. But I found it surprising.

The only thing I got from this is that Bruce Springsteen must have an older audience, since he's the only one that has a high ratio of physical sales and very low streaming numbers.

Hudson said:

To those who keep up with the industry news, this is stale. But I found it surprising.

Yes, it is very surprising.

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50 albums is a terribly low number, but most current artists are getting most of their units from streaming. Older artists (as we see with Bruce Springsteen) have a fanbase that's mainly buying, so he has a high percentage of pure sales, but super low streaming figures. The only exceptions to this trend are Adele and Taylor Swift

MickyDolenz said:

Hudson said:

To those who keep up with the industry news, this is stale. But I found it surprising.

The only thing I got from this is that Bruce Springsteen must have an older audience, since he's the only one that has a high ratio of physical sales and very low streaming numbers.

Thats pretty much it with any or at leas MOST older artists or those with loyal fan bases that could care less about streaming the thing, and NOW with LIVE shows pretty much on the shelf for at least the rest of this year and probably most of next year, you will suddenly see the shift as now artists will try to get things out quicker and do full albums now to cash in on a time when no one is really doing shows. This is also why you see the huge VINYL sales ($$) those split RSD's this year and most likely next year too, brought in more money than anything physical, be it cds or downloads (in terms of dollars)

lastdecember said:

Thats pretty much it with any or at leas MOST older artists or those with loyal fan bases that could care less about streaming the thing

There's the Fleetwood Mac record popular with streaming, but that's an old album with a song that was on a Tik Tok video which became viral. With veteran artists, unless they're a big star like Bruce Springsteen or U2, people might not even know they still put out new music. Bruce still gets a lot of media coverage. There's also many fans that are only interested in their old hits that they heard on the radio, and not their newer stuff. There's the joke that when an artist performs a new song in concert, it's restroom or get a snack time.