How Google Killed the Music Industry (In 3 Easy Diagrams)

Google Killed the Music Industry, Right?

Diagram #1.

music_industry_revenues_2015_MIC

If your business is based on recorded music sales, then you know this slide well.  But it’s also created a ripple effect throughout the music industry, with artists and labels moving towards touring, merchandise, and other areas to sustain revenues (with mixed results).

Diagram #2.

Google DMCA Takedown Notices, 2001-2015

Under the Digital Millennium Copyright Act (DMCA), signed into law in the 90s, sites like Google are only required to remove infringing content when notified by the content owner.  Content owners, which include major recording labels like Warner Music Group and Universal Music Group, complain that no matter how many notifications they send, the same links (from the same sites) keep appearing over and over again.  And despite a massive surge in notifications over the past few years (see above), the amount of pirated content remains large.

Diagram #3.

music_industry_revenues_v_takedowns_2015_MIC

Any questions?

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Paul Resnikoff

How Google Killed the Music Industry (In 3 Easy Diagrams).

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