A new white paper presented today a Midem, Techdirt founder Mike Masnick heralds a very different present and future for the music and entrainment industries than the doom and gloom often presented in the mainstream media. Combining statistics from a number of sources, “The Sky Is Rising" shows that:
Entertainment spending as a function of income went up by 15% from 2000 to 2008
Employment in the entertainment sector grew by 20%—with indie artists seeing 43% growth.
The overall entertainment industry grew 66% from 1998 to 2010.
The amount of content being produced in music, movies, books and video games is growing at an incredible pace.
Techdirt created this graphic representation of their findings:
click on image to enlarge
The full Sky Is Rising study:
Entertainment spending as a function of income went up by 15% from 2000 to 2008
Employment in the entertainment sector grew by 20%—with indie artists seeing 43% growth.
The overall entertainment industry grew 66% from 1998 to 2010.
The amount of content being produced in music, movies, books and video games is growing at an incredible pace.
Techdirt created this graphic representation of their findings:
click on image to enlarge
The full Sky Is Rising study:
