Five Niches In The Music Industry, And The Companies That Make The Most Of Them || Dotted Music
We often make the mistake of talking about the music industry as if it were a single, monolithic thing. It most certainly is not. Music has been around a lot longer than the Recording Industry Association of America (RIAA). Even now, it is a multifaceted beast.
Music exists without industry. Every time you hum a tune, you are making music. When mothers sing to their babies, that’s music. It is not music with a capitol “M” just because a multi-billion dollar corporation throws its weight around the chromatic scale. There are many aspects of the music industry that are niche, only in the sense that they do not make the kind of revenue as the recording industry. They are no less successful, and no less worthy of our attention.