About this episode
We are very, very deep into the digital world when it comes to music…virtually every song we could ever want is available to us instantly no matter where we are…all we need is an internet connection and we’re good to go… The music industry loves this…in the old days, they had no choice but to manufacture, warehouse, transport, and distribute physical product by the ton, sometimes across vast distances…once these CD’s and records and tapes made it into the stores, then the labels had to collect the money from the stores plus deal with the return of unsold product…it was all very complicated and expensive… Now with streaming, there’s no physical product…all the expensive overhead and those big fixed costs are gone…digital distribution is so much more efficient and profitable on every single level… And for music fans, this way of obtaining and consuming music is not just convenient, but intoxicating… Spotify, Apple Music, YouTube, Soundcloud, Bandcamp…tens and tens of millions of songs… for older people, this still feels like science fiction… And there are also generations who have never, ever set foot inside a record store…they’ve never, ever handled something like a record or a cd or a cassette…for them, music has always delivered without any kinds of container…it’s completely ephemeral, unseen zeroes and ones that beam from somewhere… While there will always probably be a market for music on physical formats, it’s going to shrink and shrink until it’s just a very niche-y thing…so be it…there’s no stopping progress… But we are losing something…there are certainly pleasures and advantages to CD’s and vinyl…it appears, though, that many of these pleasures and advantages are also heading towards near-extinction… I call this “Digital Debris”…here…let me show you what I mean… Learn more about your ad choices. Visit megaphone.fm/adchoices