Authors David Perell

7 days 30 days All time Recent Popular
1/ Let's start with something controversial: the music industry is inverting.


2/ In 1781, Mozart moved from Salzburg to Vienna, the cultural capital of Austria, to advance his music career.


3/ At this time, Mozart could not record music, which made it scarce.

If you wanted to hear him play, you had to listen in person. Fans had personal relationships with their favorite musicians.

4/ This changed when Thomas Edison invented the phonograph.

For the first time, music was infinitely replicable and could last forever. Since fans didn’t have to listen to music live, they could support their favorite musicians in new ways.

5/ Power and attention centralized.

Artists lacked the skills and capital required to distribute their music. They had to live in NY, LA, or Nashville, where they did favors for industry insiders and paid their dues.

Small groups of “expert” executives called the shots.