Photo: Kenneth Dickerman for TIME
“The lesson was Capitalism 101: rap music’s market strength gave its artists permission to say what they pleased. And the rappers themselves exhibited an entrepreneurial bent unlike that of musicians before them. They understood the need to market and the benefits of line extensions. Theirs was capitalism with a beat.
Today that same market is telling rappers to please shut up. While music-industry sales have plummeted, no genre has fallen harder than rap. According to the music trade publication Billboard, rap sales have dropped 44% since 2000 and declined from 13% of all music sales to 10%. Artists who were once the tent poles at rap labels are posting disappointing numbers. Jay-Z’s return album, Kingdom Come, for instance, sold a gaudy 680,000 units in its first week, according to Billboard. But by the second week, its sales had declined some 80%. This year rap sales are down 33% so far.”
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