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A Shifting of Fortunes

Botch

MetaBotch Doggy Dogg Mellencamp
Superstar
CNN has been running a series of 2-hour specials lately, The Sixties, The Seventies, The Eighties, etc. Each "decade" consisted of several 2-hour shows focusing on different areas: music, sports, crime, television, etc. Quite awhile ago I watched the music portion of The Seventies, and it quoted a series of statistics that blew me away but I didn't get them written down or recorded.

That show came on again tonight, and I got the numbers this time. Check this out; in 1973:
The Music Industry was worth $2B dollars,
The Movie Industry was worth $1.3B dollars, and
The Sports Industry was worth $0.6B dollars (during the last SuperBowl they showed pics of the mostly-empty stands during the first one).
They only quoted one more figure, the Music Industry was worth $4B dollars in 1978 (think disco and Springsteen).

I know that the NFL alone took in $10B by itself in 2015 (followed by NBA, FIFA, PGA, NHL, NASCAR, etc) and have no idea what the Film Industry takes in now, but I know the music industry is no longer raking it in like it used to. Its curious that all three "products" are electronically redistributable (if that's a word), yet the music industry seems to have taken the biggest hit. They are also shifting more of their financial goals towards live performance, maybe mimicing the sports model.

Interesting stuff. :shhh:
 
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