Posted September 9, 2022
This is a station editorial, I'm Randal J. Miller, station president.
What's old is new again. That's the subject of an article on "theringer.com" headlined "Is Old Music Killing New Music?" The sub-headline says that the power of nostalgia in pop culture is bringing old music back again.
The article by Ted Gioia goes on to say that the song of the summer was Kate Bush's "Running Up That Hill" from 1985, launched by the most-watched global TV show of the summer "Stranger Things" which pays homage to the 1980's.
And, the writer says the biggest movie hit of the summer, "Top Gun: Maverick" is a sequel to the 1986 film. That was 36 years ago!
He adds that the 5 biggest movies of the year were all sequels as well.
The writer of the ringer.com article says consumption of new music is down while the growth is in what's called "catalog music," or older songs.
He adds Wall Street is paying attention. Investment groups are buying rights to old music catalogs dating back to the 70's or even further back than that. Why? Because that's what people are BUYING and listening to!
The writer points out it's the first time in one thousand years that people are investing in OLD songs, saying that consumption of older music went from 67 to 73 percent from last year to this.
While as the song goes, "the times they are a changin'", the global population is waxing nostalgic for memories of simpler times when people actually got along.
I suspect Frank Sinatra, Roy Orbison, Marvin Gaye, John Lennon, George Harrison, Andy Gibb, Tom Petty and thousands more singers that are in Rock and Roll Heaven, are having a celebration concert in heaven over the fact their music is "new" again.
Makes me feel good to play these and mamy other artists form the last over 40 years, on our Miller Media Group music stations.
Because, right now, in the times we're living in, what's old is new again, and that's a good thing.
That's our opinion, we welcome yours. Our e-mail address is firstname.lastname@example.org.