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Do these charts explain anything?

Peter Hilgendorf's picture

We learned that cassette tapes made more money in the US in 1994 than CDs do TODAY.

http://www.businessinsider.com/these-charts-explain-the-real-death-of-th...

p.s. Credit goes to my generation for peaking vinyl records at the dawn of our teenage years.

2

It is based on data from the RIAA

...I'm surprised that "income from fatuous lawsuits against grannies who might have been torrenting" isn't shown.

EDIT - The linked article is well worth your time.

0
nicktf | 22 February 2011 - 5:45am

It explains why...

... record shops are closing. $15 per person spent on CDs?! And that was 2 years ago!
I thought it was more interesting to see that after 1973, the income from cassettes was always greater than for vinyl. Was that because they were overpriced or because they actually sold more cassettes on the US? Over here, although I knew people with some cassettes, nobody had a bigger cassette collection than vinyl collection.
It's also interesting to see that people seem to value convenience with the decline in cassette sales being mirrored by a rise in CD sales in the 80's and 90's. If the industry had this information at the birth of the world wide web, why didn't it realise that downloads would take off especially as they had a few years to think about it.

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JohnW | 22 February 2011 - 8:15am

Cassettes = Car culture

Something we didn't really have in blighty.

1
Six Dog | 22 February 2011 - 8:59am

The drop off

in digital sales over the past few years is probably the most worrying thing for the Music Industry.

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milkybarnick | 22 February 2011 - 10:00am

It's interesting how the yawning chasm that is the 1980s

profoundly backs up the theory, expounded here and elsewhere, that music in that decade was, broadly speaking, utter pants.

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Vulpes Vulpes | 22 February 2011 - 10:09am

One thing this doesn't explain

is who on earth was still buying recorded music on cassette in 2002?

I suspect that, if this is right, most of the sales were in the US equivalent of Edinburgh Woollen Mill.

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Dion Ashton | 22 February 2011 - 10:12am

I still buy CDs

CD sales seem to peak when I was 18. That explains so much...

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Dr Yang | 22 February 2011 - 5:38pm

To me

it looks like an Andy Warhol print of the Canadian Rockies :-)

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Black Type | 22 February 2011 - 7:27pm
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