How is streaming shifting the industry? Billboard does a deep dive:
are benefitting from both a streaming boom, as well as a vinyl boom. But the classic rock icons of yesteryear are losing ground to the hits of yesterday – songs from the last two decades. In both 2016 and 2021, Springsteen had four among the top 5,000 on-demand streaming tracks, as measured by Luminate.
It’s also important to point out that catalog isn’t a fixed category, like genre – what’s new today will be catalog tomorrow – so it’s hard to pick winners and losers. Just as Drake and Swift have catalog hits, Dylan and Springsteen make current music. The idea of catalog is a useful way to think about the music business, but a friend used to point out that the 18-month divide was essentially a chart contrivance that became a category.
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