Over the last decade, there has been much talk and figures to support the fact that the heyday of the music industry has passed, or at least shrunk.
For example, the Top 10 selling albums of 2008 totaled 19 million units, including digital sales. In 1988, the 5 top-selling album alone sold over 26 million units (George Michael's Faith, Dirty Dancing Soundtrack, Def Leppard's Hysteria, INXS' Kick and Michael Jackson's Bad).
Did music lose its appeal? Does Lil Weezy not hold a candle to the King of Pop? Do bands today suck more than those of the 80s? What gives? I am sure there has been some kind of "lack of quality" perception from some old timers and music critics, but for the most part I think its about greed and lack of following supply and demand.
This article appears in Jan 28 – Feb 3, 2009.