Posts Tagged ‘music history’

  • lp vinyl

    Creative Destruction: 30 Years of the Music Industry

    Apr 9, 13 • 427 Views • Businesses, Demand, Supply, and Markets, Economic History, Economic Thinkers, Households, LaborNo Comments

    Does anyone remember LP records? In 1980, the music industry was dominated by LP/EP. With LP standing for long play and EP, extended play vinyl records, both represented almost 60% of the revenue generated by different musical formats. Next? Cassettes at