Music Is a Cautionary Tale for Other Industries Standing on the Brink of Disruption

World wide music sales went from 30 eht billion dollars in 19 99 to 15 billion in two thousand and 14. Over half the revenue had vanished in just 15 years. The record company succeeded in driving napster out of business, but they could not stem the inevitable decline of their most profitable product, the compact disk. Music is a cautionary tale for other industries standing on the brink of disruption.