Devaluation of Music ~ presented by Mike Overly

Dollar RainbowIn their many justified laments about the trajectory of their profession in the digital age, songwriters and musicians regularly assert that music has been “devalued.” Over the years they’ve pointed at two outstanding culprits. First, it was music piracy and the futility of “competing with free.” More recently the focus has been on the seemingly miniscule payments songs generate when they’re streamed on services such as Spotify or Apple Music.

These are serious issues, and many agree that the industry and lawmakers have a lot of work to do. But at least there is dialogue and progress being made toward new models for rights and royalties in the new music economy.

Less obvious are a number of other forces and trends that have devalued music in a more pernicious way than the problems oI . . .

Be sure to visit with two-time GRAMMY® nominated Music Educator Mike Overly at www.12tonemusic.com

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