MUSIC INDUSTRY NOTES: A Brief History of the Recording Industry and Record Labels

Published September 10th, 2020 | Kristina Didero

The recording industry has proven itself time and time again of its potential to be very lucrative. Since the 1920s, it has been a major income generator with a straightforward process: put out a record, sell a couple hundred thousand, go on tour, and sell even more albums, and then bask in the glory of your earnings. However, in 100 plus years, a lot has happened for the recording industry. In current times, the business struggles to accrue wealth in the same way it used to for pretty much one reason: consumers aren’t willing to pay that much for music anymore. Let’s take a look at the history of recorded music and see how we got here. Read more “MUSIC INDUSTRY NOTES: A Brief History of the Recording Industry and Record Labels”