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Has new music gone down the tubes?

The demand for "old" music grew 14% in the first half of 2022 while the demand for new music dropped 1.4%. In the streaming world "old" music represents 72% of the market. Why does new music seem to be so bad compared to old/classic music?

I go though youtube sometimes and kids post videos of the first time they hear classics like the beatles, bob dylan, whatever and inevitable jaws drop. The music companies keep rereleasing old albums in new formats. Is it because todays artists just can’t "git er done"?

U.S. Music Catalog vs. Current Consumption

 

kota1
kota1 OP
2,706 posts
 

Hilarious, "I never even heard of this one" followed by jaws dropping:

 

deadhead1000's avatar
deadhead1000
714 posts
 

I need Koolaid!!!

jasonbourne52's avatar
jasonbourne52
2,863 posts
 

The Well is dry! Among the world-wide 15 - 25 year olds the most popular music is rap/hip hop - and has been so for several decades. All that’s needed is a beat box and a mike. No knowledge of music theory or instrumental skill required! The dominance of rap/hip hop coincides with the popularity of computer gaming.

kota1 OP
2,706 posts
 

Sam Kinison used to say that they invented rock for people that can't sing but could play instruments and rap was for people that can't sing or play an instrument.

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