A Visual Breakdown of Global Music Consumption
To maximize any chance of success in the music business, aspiring artists must gain an understanding of how music is consumed and how that is changing alongside technology.
This graphic from Athul Alexander highlights global music consumption habits. Data is from 2022 and is sourced from a survey of over 44,000 people from 22 countries by IFPI that asked people their primary mode for consuming music.
As part of our ongoing Global Forecast Series, the main report is now available to download for VC+ members. Our team scoured through 500+ expert predictions to curate the ultimate visual guide of what 2023 might have in store, including:
http://player.vimeo.com/video/789171492
The Rise and Fall of Music Sales, by Format (1973-2021)
We live in a world of music. Whether when driving to work or jamming out at home, people around the world like to have their favorite tunes playing in the background.
But while our love for music has been constant, the way we consume media has evolved drastically. The past 50 years have seen many different music formats used to access these tunes, mirroring society’s shift from analog to digital.
In 2020, the Ludwig von Mises Institute posted at its website an animated series titled “Economics for Beginners” that provides an informative and engaging introduction to economics. While the presentation is good for anyone interested in an introduction to the topic, it seems especially well suited for youngsters. Now, the Mises Institute has posted the first episode of a new animated series titled “America: From Republic to Empire.” The new series, as the name indicates, promises to provide an introduction to the development of the United States into an empire.
By Brandon Smith