A couple of weeks ago I wrote a post (see here) about how concert tickets have been getting more expensive. I touched on two main explanations for this, one is inflation, the other is the change in revenue artists make from selling their music. Artists used to sell millions of records and would see a... Continue Reading →
The COVID19 pandemic has brought about an increase in both unemployment and remote home office working. This is seeing a lot more people with time at home. As well as this lockdown and social distancing restrictions have rendered socialising more difficult among friends and loved ones. All of this extra time at home got me... Continue Reading →
It is often said that music is a form of therapy and a lot of research finds that it is beneficial to people in stressful situations. This got me wondering whether or not it could it help alleviate some of the stresses associated with the COVID19 lockdown situation. We are all struggling with being away... Continue Reading →
I use Spotify quite a lot during normal times, but now that COVID19 has me housebound I've noticed I'm using it even more. I took to the Irish Spotify charts to see was this a national event or just me. The below chart shows the total number of streams for each song in the top... Continue Reading →
A few posts back I wrote about the difficulty of using proxies in music. Proxies are approximate measurements used to measure things which are difficult to quantify. That post discussed the use of proxies to try and determine which band was the greatest ever. This proves difficult because there is no one measurement for greatness and... Continue Reading →
Music is an odd type of good, in the sense that it doesn't really have a physical form. Songs exist as a sonic entity and the only material we attach them to is the object which is used to deliver the music itself, so vinyl records, tapes, and CDs; but even today with the surging... Continue Reading →
Video Killed the Radio Star is not just a very catchy song; it’s also a line which perfectly narrates the concept of creative destruction. This is a process whereby new innovations and changes in the market begin to replace older ones. The phrase was first coined by Austrian economist Joseph Schumpeter in 1942 in his... Continue Reading →
