Tracking the tools that decentralize the media. tools process ideas resources eventsav

unmediated

 

October 01, 2004

Recorded Music Being Replaced by Other Media

The music industry likes to complain about sales lost to piracy, but figures that show huge sales declines only tell part of the story. Before we blame this trend on infringement, we have to make several assumptions, including that the demand for music (whether purchased or pirated) has remained steady.

Figures available from the US Census bureau suggest otherwise. Data on "Media Usage and Consumer Spending" abstracted from a study by Veronis Suhler Stevenson show the average number of hours spent listening to music by US residents age 12 and older has declined steadily since 1998 (from 283 to a projected 219 in 2003, a 21% decline). Meanwhile, home video, video games, and consumer Internet have seen dramatic gains. This suggests that people are turning to new forms of entertainment (i.e., the Internet, video games, and DVDs) at the expense of recorded music.

Hereís the data, extracted from the Census Bureau report, on the number of hours Americans spent using various types of media in 1998 and 2003.
ActivityHours, 1998Hours, 2003 (proj.)Change (hours)
TV15511656+105
Radio9361014+78
Box office13130
Home video3696+60
Interactive TV03+3
Recorded music283219-64
Video games4390+47
Consumer Internet54174+120
Daily newspapers185173-12
Consumer books120106-14
Consumer magazines125116-9
Total33473661+314
(Source: US Census Bureau, Statistical Abstract of the United States: 2003, p. 720.)
(Continued at Freedom to tinker)
Posted by yatta at 12:18 AM