9 out of 10 monkeys believe they are not behind glass

Read it here.

The backdrop, of course, is one we know well, a story we’ve heard ad nauseum at this point. Physical sales are decreasing (~20% Y/Y). The “two hit songs for $17 at Best Buy” business is over. Digital sales are increasing (~40% Y/Y) but it’s not making up the difference. Not only is digital not making up for physical sales, as the tracks are unbundled and the model is a singles-driven iTunes business, the actual value of a unit of music continues to plummet.

That said it’s with great respect and with the belief that I’m as big a lover of music as anyone in this room I admit to you:

I don’t care.

Breaks the music industry “crises” down in succinct and useful terminology.