It used to be you had to spend $20 on just one CD. People would spend thousands on CD collections.
These days you can access so much for free, and what isn’t free you can get for $10/month or less. Music piracy was rampant in the late 90s and 2000s with MP3s, these days no one even bothers with that because it’s all free anyway.
How do they still make money?
In: 15
$10/month is far from free. People still spend thousands on music if they just subscribe to a streaming service for a few years. You can even get premium streaming services with higher quality audio, for a price of course. “Free” music is a lot harder to listen to. It is usually lower quality, interrupted by advertisement and may only be available as a few single songs instead of the entire album. That was also true in the late 90s, people tend to forget how horrible quality those mp3s were. But in addition to the streaming services there is also a lot of income from concerts and merchandise, which is often the primary source of income for artists.
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