✉news CultureMusic first seen 1 d ago, last 19 h ago, peak #7
Music Spending Is Smaller Share Of A Bigger Pie
Music spending now accounts for a smaller share of consumer budgets, even as the overall economy and total consumer spending grow larger. The claim suggests recorded music and related outlays are being diluted within a bigger spending pie rather than shrinking outright, a point likely to fuel debate about the industry's real growth under streaming.
Why now: Ongoing debate about whether streaming has genuinely grown music industry revenues relative to wider consumer spending.
music industrystreaming services
Rank over time, top of the chart is #1. 5 snapshots from 1 d ago to 19 h ago.
Evidence
- Music Spending Is Smaller Share Of A Bigger Pie · Economist Writing Every Day
API: https://socialmediatrends-api.osmike.com/v1/trends/581343