NME Festival blog: artists are releasing more music than ever because of streaming

“Unlike CDs or downloads, which generate revenue once, streaming a song generates royalties every time.” The music industry is churning out more music than ever before, according to a new report from The Wall Street Journal. Journalist Neil Shah reports that the amount of music released globally since the 1960s has increased by roughly seven times, and he credits this to the industry’s ever-changing landscape. “Unlike CDs or downloads, which generate revenue once, streaming a song generates royalties every time,” Shah says. “That has major labels bidding on catalogs of music and reissuing old music as they battle for market share.” This might explain why some artists are releasing music faster than ever. One example is King Gizzard & The Lizard […]

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