Berklee Today: Decline, Yes; Demise, No (Featuring RightsFlow’s Scott Sellwood)
Recorded music sales have declined, but the demand for music is increasing. Recognizing additional revenue sources and fostering the relationship between fan and artist are keys to the survival of the music industry.
“You are leaving money on the table if you don’t have a bucket under every single revenue drip.”
-Scott Sellwood, senior VP, RightsFlow
We are 10-plus years into the digital music age, and recorded music revenue has continued its decline. The illegal downloading of music prospers seemingly unabated. Licensed digital music services have taken hold with listeners but have not picked up the slack in lost sales. For traditional record labels, this is a challenging and cathartic time; but for music fans, it is also an age of great abundance.
Read the full article at berklee.edu





