It’s been a long time coming, but it appears the average music listener has finally had enough. This year the industry is posting its weakest sales records ever. Consider this: in 2005 you needed to sell about 600,000 copies of your album in a week to have a shot at #1. In 2007 that number has fallen to about 65,000. That’s a 90% drop in less than two years.
We’re witnessing the end of the traditional music industry as we know it. Of course, given what it’s become I don’t think that’s such a bad thing. The real question is what will come next.