Maven Music

This stacked chart, made in Excel, tracks music industry revenue from 1973 to 2019.

In 1999, the industry peaked at over 22 Billion Dollars, coinciding with the rise in the accessibility of digital formats. Post-peak, the industry experienced a sharp decline.

The chart highlights the 2003 launch of iTunes, marking the onset of the digital takeover.

By 2019, digital formats, shown in orange, dominated industry sales. However, overall revenue stood at just over 11 Billion Dollars, merely half of the 1999 peak and less than industry earnings in 1973.