The Death of the Long Tail

The other 1%:

The music industry is a Superstar economy, that is to say a very small share of the total artists and works account for a disproportionately large share of all revenues. This is not a Pareto’s Law type 80/20 distribution but something much more dramatic: the top 1% account for 77% of all artist recorded music income (see figure).

One thought on “The Death of the Long Tail

  1. Jewish Steel

    Pete Townsend feel that the digital giants like itunes and amazon should have staffs of A&R guys and gals who help nurture and develop young talented bands. Give them money and resources to try and fail and find their own footing. I think that’s a splendid idea and, really, doesn’t it make better business sense to have a broad base of solid artists rather than just hoping you hit the lottery?

    This is a fun lecture.

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