Launched: 7 October 2009
Glen Spears
Forbes
From this community I got the answer:
Last year, in Billboard's lists of the company's CEO was named most powerful figure in the music industry above all the CEOs of the major label conglomerates. (read here). They explicitly talk about how the digital disruption is effecting the industry.
In this article:
50 million dollar revenue for a big hit album (36 physical vs 14 streaming)
A One Direction tour brought in six times of that amount300 million from their touring (which does not include merchandise) ...
Glen Spears
Forbes
From this community I got the answer:
Last year, in Billboard's lists of the company's CEO was named most powerful figure in the music industry above all the CEOs of the major label conglomerates. (read here). They explicitly talk about how the digital disruption is effecting the industry.
If the music industry is indeed in turnaround, that’s in no small part due to the digital disrupter at No. 1, the live titan at No. 3, Alexa’s mastermind at No. 12 and the visionary label bosses, tech gurus, artist managers and media moguls (including 41 first-timers!) who comprise Billboard’s annual ranking of executive excellence.
In this article:
50 million dollar revenue for a big hit album (36 physical vs 14 streaming)
A One Direction tour brought in six times of that amount300 million from their touring (which does not include merchandise) ...
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