The artist lost in record sales is now being supplemented by the increased popularity of live music. It is essentially the next logical step in music evolution, with many artists traveling all over the world and making millions while at it.
A rather interesting survey saw that the bulk of music lovers would rather pay to physically see their music icon as a live group music in London, as opposed to spending 10 times less to buy the musician's album!
The World Wide Web has its benefits, no doubt, but it is single handily collapsing the recording industry. It hasn't happened, not definitively, but the influx of free online music sites has led to a serious decline in overall revenue.
Luckily for the artistes and their promoters, the live music scene has grown just as rapidly. The live music scene notably saved the music industry based on its rare ability to link industries.
These linkages, that traverse borders, allow musicians to merge expertise with other professionals and hence create mutually beneficial relationships. The web has also helped to increase the exposure of groups to an international audience they may never have reached otherwise.
The entertainment value of live concerts far succeeds that of the conventional record and allows you to be up close and personal with your favorite artiste. This fact alone has increased the live music popularity half a dozen times over the past decade alone.