If we back up one more year, we see that half of all the music available today was created since 2020. They’re completely lost and never heard by anyone, ever.Īnother interesting stat: A full third of the 196 million new audio and video tracks were created during the pandemic. What happens to all these songs? In the case of about 20 per cent of them (39.2 million tracks or roughly one for each living person in Canada) nothing. Music Business Worldwide points out that for every song released by one of the Big Three, 24 come from other sources.

But it pales in comparison to what’s uploaded by indie labels and DIY musicians. That’s way too much for the music consumer to even begin to process and for the majors to properly market and promote. The same scan of the data showed that only four per cent of daily uploads - 3,940 songs, which is still a lot - come from the big three record labels, Universal, Sony, and Warner. Gordon Lightfoot, legendary Canadian singer-songwriter, dead at 84Īnd it’s not the major labels.Aerosmith 2023 farewell tour dates: Band says ‘Peace Out,’ starting in Sept.Fox opens up about Parkinson’s progression: ‘I won’t be 80’ Met Gala 2023: The biggest, boldest looks to walk fashion’s finest red carpet.

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