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		<title>40 Years of Music Industry History in Less than a Minute</title>
		<link>http://techland.time.com/2013/04/09/40-years-of-music-industry-history-in-less-than-a-minute/</link>
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		<pubDate>Tue, 09 Apr 2013 14:20:42 +0000</pubDate>
		<dc:creator>Matt Peckham</dc:creator>
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		<description><![CDATA[&#8220;The world has changed&#8230;&#8221; Galadriel might have been talking about Middle-earth, or just the U.S. music industry. I was born in 1972, so I still remember turntables and 8-track players un-ironically. Now my entire (lossless) music collection lives on a two-terabyte hard drive and follows me anywhere I go. Lo-fi or hi-fi, my listening experience includes laptops and pocked-sized DACs capable of 24-bit/96kHz conversion, wired to studio monitors or piped to devices like my Apple TV, palm-sized Bluetooth speakers or other nearby computers. With a few taps on my smartphone, I can summon just about any song and listen through headphones or beam the stream to a wireless receiver like my car&#8217;s audio system. Records, tapes, CDs &#8212; they&#8217;ve become the abstraction. If you want to visualize part of that journey starting in 1973, Digital Music News rolled up its sleeves, reached into the Recording Industry Association of America&#8217;s shipments and revenue database and pulled out a trove of stats rendered as pie charts, then chained those charts together, year by year, to form one great, slowly cycling, occasionally Pac-Man-like music industry time machine. Digital Music News According to DMN, the data is strictly U.S., and each pie represents 100% of total recording revenue. If you&#8217;d rather see the images one at a time, DMN has that covered, too. 40 Years of Music Industry Change, In 40 Seconds or Less&#8230; [Digital Music News] &#160;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=techland.time.com&#038;blog=5290478&#038;post=159817&#038;subd=timenerdworld&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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