Digital Record Profits – Gone Baby Gone?
The digitization of dance music has mostly benefited DJs around the globe. Customers in every country have increased access to a significantly larger catalog of music, and newly formed labels can now reach those DJs without a big investment of money. It may even be reasonable to attribute the resurgence of dance music’s popularity to the inevitable conversion to an online format. After a long slump in 12-inch vinyl sales, many dance labels are making a comeback or even re-entering the market after closing their doors.
I went to several labels and producers who have weathered the ups and downs of the past 10 years and asked them a simple question: “Are you better off now that everything is digital?” Their answers may surprise you.
