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
Post removed 

Neither outrages and or controversial @hifiguy42. More along the lines of, a breath of fresh air. 

@stuartk 

"It would be unfair to say that there is no good new music. Just as it would be unfair to say that all music from the 60’s and 70’s was worth listening to."

I'm 67 and I started with this sentence with the hope that readers would understand that I wasn't making a blanket statement about all modern music, but merely my opinion of music as a whole.

Obviously you missed that point and felt the need to reiterate my opinion in different words.

"Good music is good music, regardless of the decade and today’s good music amply displays all of the attributes you list above."

 

It’s painfully obvious to me that people, at one time, got to live in a world where the simple act of turning on the radio, or going to any movie theater, yielded a far greater likelihood of experiencing something good than the people of today experience doing the same stuff.

Money. That’ll do it.

Whether it’s,

A) some particular thing (Auto-Tune, comic book movies) showing corporate executives an opportunity for massive profits, thusly causing said corporations to exploit that thing ad nauseam to the great detriment of prioritizing new/innovative/challenging ideas, or 

B) a new/innovative/challenging idea that was funded ultimately yielding significant financial losses for a corporation, thusly causing corporations (the gatekeepers of the masses’ exposure to exciting popular art) to cease any further funding of new/innovative/challenging ideas and thusly reinforcing the purely-commercial motivations described in point A).

I’m fully aware that, in terms of popular music, there were inherent flaws in the system as far as artists were concerned in the past, and that, while streaming provides paltry remuneration for artists today, we are witnessing what may be a very positive change in how artists may gain exposure and commercial viability.

Nonetheless, a gross saturation of incredibly derivative and formulaic work is what defines mainstream popular music and film today, and I think it is obvious that this is of greater dominance in aggregate than ever before.

None of this means that there aren’t awesome artists out there representing the antithesis of everything stated above, merely that “rising to the top” seems to be harder than ever before.