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Evolution of recorded-music revenue over the last 50 years
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They sort of are. A lot of hardcore shows I go to always offer cassettes at the merch table.
Even most artists offer them on their websites these days. Lady Gaga and Lana Del Rey offered them for their most recent releases,
Yeah cassettes never went away when it comes to punk. It's a cheap way to distribute your music in physical form as well, which is a big part of why it's so present in punk and indie music.
Surely CDs are both cheaper and easier, though?
Good point, they probably are. A cassette can fit in a pocket though, it's like a greeting card and usually comes with a download code. CD's are just lame :D I don't know man.