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Music Industry Insights

Can New Music Sustain in An Era Marked by Nostalgia and the Novelty Factor?

New Music

In the plight proliferated modern music industry, one of the biggest obstacles for contemporary artists to overcome is the disparity between how long it takes to create a new record and how long it remains relevant.

The definition of ‘new music’ tends to vary, with some sources claiming that ‘new music’ can be defined as music released in the last 12 months, but any independent artist attempting to market music more than a few months old will know all too well that it is an act of pure futility, as perfectly articulated by Kel from The Empty Page:

“It’s a funny thing when you release an album after several years of working to get it done and then it’s out in the world and you’ve done all the promo, run out of marketing budget and it’s now already seen as ‘old’ and everyone is wanting something even more ‘new’.
It’s a relentless treadmill of ‘productivity’ this world and sometimes it really gets to me. The other day someone said to me: ‘Let me know when you have new music out and we’ll add it to our playlist’. Is a two-month-old album not new music? When does it stop being new? Why is new the most important thing anyway?”

Music journalists, playlisters and radio stations pride themselves on keeping their ears on the pulse of modern music, overlooking anything that was released beyond the lifespan of a moth. Yet, they aren’t solely to blame for the emphasis on the novelty factor; the attitudes of industry figureheads reflect broader attitudes of the music-consuming public, who are overcome with aural amnesia when it comes to music that is beyond a few months old.

At this point, I must profess that I’m scarcely a model music consumer. So far this year, I’ve hyper-fixated on albums from three of my favourite artists: Nadine Shah’s Filthy Underneath, Mother Mother’s Grief Factor, and Frank Carter’s Dark Rainbows were relentlessly spun. However, once I’d played the LPs on repeat and seen the album tours, the compulsion to revisit them seemed to fade, regardless of how visceral the initial obsession.

My engagement with new albums is often as fleeting as the trend cycles which propel them. Once the novelty wanes, the records gather dust, overshadowed by a relentless influx of fresh sounds and the comforting echo of my old favourites found in my formative years and the subsequent eras of self-discovery when I attempted to embroil my identity with melodic connectivity.

I don’t speak for everyone, but I can attest to how connection to music alters through maturity; how in the formative years of music discovery, every lyric seems to resonate and solidify a sense of self; yet, in time, we no longer seek affirmation or identity in new releases and how this absence of deep connection makes it difficult for new music to enmesh within our lives.

With this in mind, in an era dominated by nostalgia and a craving for novelty, can new music truly sustain and will there be any classics of tomorrow?

How New Music Lost Its Sustainability

The Novelty Factor and The Nostalgia Wave

The music industry today is marked by an overwhelming abundance. With new tracks and artists bursting onto the scene every minute, courtesy of streaming platforms, the sheer volume can feel stifling. This saturation dilutes the impact of new music and makes it increasingly difficult for any album to hold its ground in the public consciousness. This phenomenon of songs slipping from memory amid the chaos of continuous new releases compounds the challenge for contemporary artists, particularly in a digital age where distractions are a click or doomscroll away.

New artists aren’t just competing with their contemporaries, they’re contending with the power of nostalgia, which evokes a powerful connection to the past, offering listeners a comforting escape to a time perceived as simpler or more meaningful. Classic hits and old albums serve as auditory gateways through time, transporting people to the purity of youth or the endlessly reminisced upon pivotal moments in their lives. This longing for the past is amplified by social trends and media that glorify previous decades, from 80s synth-pop to 90s hip-hop, each resurgence bringing with it a wave of revival tours and remastered releases.

Industry Dynamics and Short-lived Fame

The trend towards prioritising brand-new music over music beyond its few-month-long-prime is immensely influenced by those curating our musical landscapes—label owners, journalists, playlisters, and radio hosts; if a new album doesn’t immediately catch on, all the time and money poured into a release was in vain, creating an industry where only the most accessible or marketable new tracks break through the noise, often at the expense of experimental or less instantly gratifying music.

We used to listen to music until we grasped an appreciation for it; today, it is highly unlikely that we will voluntarily give new music a second chance. Industry figures, with their desire to boost their own relevance, know this all too well. Their relentless focus on the ‘new’ neglects ‘older’ works, potentially diminishing their historical and emotional significance. As industry figureheads mirror and perpetuate these attitudes while prioritising metrics over championing and nurturing talent, artists find themselves in a vicious cycle of production, leading to creative burnout and a diluted quality of musical output. Artists now find themselves in an environment where the window to make an impact is smaller than ever. As soon as a new album drops, the focus shifts to the next release, leaving little room for albums to grow and mature in public consciousness.

Viral songs blaze brightly but briefly, quickly forgotten in the rush towards the next trending soundbite.

Searching for Redemption & Solutions for Sustainability

If artists are lucky, their albums will get a shot of redemption through the Album of the Year lists. However, a more viable way to ensure new albums endure is to create timeless records that transcend the immediate draw of novelty and retain their appeal across generations. Artists must focus on building deeper connections with listeners through storytelling, crafting albums that offer more than just singles.

Cultivating a base of ‘super fans’—listeners deeply dedicated to an artist’s work—can ensure consistent support and engagement, and if that fails, there is always the option of breathing new life into their music through remixes, or by repurposing and representing tracks in different contexts, extending their relevance.

Conclusion

The quest for sustainability in new music in an industry dominated by nostalgia and novelty is complex and fraught with challenges. However, by understanding the dynamics at play and adopting innovative strategies, there is hope for new sounds to find their lasting place in our musical lexicons. As we continue to navigate these shifts, our engagement with music—both new and old—must evolve, ensuring that the art form remains as dynamic and enduring as the human experiences it seeks to encapsulate.

Article by Amelia Vandergast

Is The Boom in CD & Vinyl Sales in the UK A Sign of Prosperous Times to Come?

CD & Vinyl

It can be tempting to clutch at optimistic straws when there are signs the music industry isn’t following a depressing trajectory of decline, such as the resurgence in the sales of physical media, with CD & vinyl records charting impressive gains in the UK.

This revival, as recently indicated by the Entertainment Retailers Association (ERA), is a testament to a shifting consumer preference towards tangible music formats. However, is this trend a harbinger of a more prosperous era for the music industry, or merely a nostalgic blip in the digital-dominated landscape?

This article will examine the nuances of the freshly reported statistics and explore what they truly signify for the industry’s future, bearing in mind that for the music industry to be sustainable, emerging independent artists need a slice of the sonic pie.

The Resurgence of CD & Vinyl

It is undeniable that the latest figures from ERA paint a promising picture for physical music formats, with CD & vinyl sales experiencing a notable uplift. The first half of 2024 saw vinyl sales amassing £86.3 million, a 13.5% increase, while CD sales brought in £57.9 million, marking a 3.2% rise.

However, if you take the figures, which suggest a revitalisation of interest in physical media with a pinch of salt, you will see that the influx in sales is driven by more than a consumer shift towards more tactile forms of music consumption.

One of the main drivers of the increase in CD & vinyl sales was Taylor Swift releasing 19 physical variants of her latest album, The Tortured Poets Department, which included six vinyl, nine CD and four cassette variants. Since the album went on sale in April, Swift has managed to shift 2.47 million physical copies of her album. Undoubtedly, many of Swift’s diehard fans purchased as many physical copies as they could afford/get their hands on. This album release strategy, which inflates album sales, has come under fire recently, with several industry figures, including Billie Eilish commenting on how insidious the trend is.

“I find it really frustrating as somebody who goes out of my way to be sustainable and do the best that I can and try to involve everybody in my team in being sustainable – and then it’s some of the biggest artists in the world making 40 different vinyl packages that have a different unique thing just to get you to keep buying more.”

Another key driver of physical sales was Record Store Day, which was primed to be the biggest RSD event to date and anticipated to inject £10 million into independent record shops. However, just because RSD favours independent record stores, independent artists rarely get a look in, and once again Swiftonomics played their part in the success of RSD 2024 with a limited edition copy of her album being the reason that many music fans hit record stores in their droves, simply to procure a copy of the album with the note “Happy Record Store Day!”

The Illusion of a Booming Industry

While the uptick in physical sales might suggest a thriving industry, it’s essential to tread cautiously with your optimism. The broader perspective reveals that this rise occurs against a backdrop of overall decline since the industry’s peak in 1999.

Moreover, despite the growth in physical sales, the industry is still heavily skewed towards streaming, which accounted for 84% of UK music retail revenues in 2023; as it is almost impossible to earn a living wage from streaming royalties, the music industry is still very much a hostile economic environment for independent and grassroots artists.

Therefore, the disparity between physical sales and streams which sees many music fans foregoing physical releases for the convenience and low cost of streaming services, suggests that the increase in physical sales may not signify a comprehensive industry recovery but rather a niche revival fuelled by specific market drivers, such as those outlined above.

The Nostalgic Overhang

It is also crucial to note how the nostalgia factor significantly contributes to the resurgence of vinyl and CDs. Older tracks and classic albums continue to dominate sales, potentially stifling new music’s market penetration and influence. This trend towards nostalgia can be a double-edged sword: it bolsters sales figures while possibly hindering the diversity and evolution of music offerings. Thus, while there’s an aural appetite for old favourites, it’s imperative to consider what this means for new artists and music innovation.

Independent Artists and the Trickle-Down Effect

 Despite the rosy picture painted by raw sales figures, the reality for independent artists remains markedly different. The boon seen by flagship artists and big-ticket events like those associated with Taylor Swift does not necessarily trickle down to smaller, independent artists who often remain on the fringes of these economic uplifts. This scenario raises questions about the equity and distribution of wealth within the industry, suggesting a need for more inclusive growth strategies that support a broader array of artists. We have already written extensively about the dire state of the talent pipeline in the UK; however, there seems to be no clear course for recourse that will take indie music back to its 90s glory.

Conclusion

As nostalgia and globally revered artists hold the monopoly of the music industry and project an illusion of growth into the sonic economy, it is crucial to consider the industry’s underlying challenges, instead of taking the figures as a reflection of a universally prosperous landscape for all artists involved. As we look forward, it is crucial for stakeholders to foster a more sustainable and inclusive environment that supports both the old and new facets of music, ensuring that this resurgence is not just a fleeting echo of the past, but a stepping stone to a robust and equitable industry.

Article by Amelia Vandergast