Indie Music Revolution (?)
Is the music industry going to shit? Depends on if you think it's shit in the first place. Apparently album sales in 2005 dropped 7.2%, from $666.7 million to $618.7 million. So yes, things aren't looking good. BUT -- Indie music accounted for 18% of sales, which is an increase of 2% over the year before. And in my opinion, indie music is good. The major labels focus on blockbusters, while the indie labels use a broad range of small-scale releases, which according to some experts may be the way that major labels start promoting artists. I have no problem with that. I prefere album-oriented projects compared to singles-oriented ones (I think one major reason illegal downloading is that no one wants to buy a whole album that has only one good song on it). The small-scale release model will favour albums over singles. It just means that pop stars who don't know what do with their millions won't have as many millions to toss away.
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