While the U.S. recording industry continues to slide […], the other side of the music world businesses catering to those who create the music has nearly doubled over the last decade to become a $7.5-billion industry.
My emphasis. Read Gonze’s explanation of the ellipsis.
This highlights how backwards it is to cripple technology and law, ostensibly to ensure creators can get paid — creators eagerly pay to create.
Another quote from the article:
“We are looking at the first creative generation,” Henry Juszkiewicz, co-owner of Gibson Guitars, said last week as he was surrounded by instruments in his firm’s display room at the convention, which ended Sunday. “The cost of creative tools has gone down. And now you have the ability to share with other people your creation. These two fundamental, solid changes are allowing the younger generation to be actively creative.”
The NAMM musical industry group, which sponsored the convention, contracts with the Gallup Organization for a poll every three years. The most recent found that the number of instrument players ages 18 to 34 grew from 24% in 1997 to 32% in 2006.
It also found that last year about half of American households had at least one person who owned a musical instrument, up from 43% in 1997.
Note what the Gibson Guitars guy did not say — that people are buying more instruments in hopes of making money.