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The Music BUSINESS

Statistics taken from Scholastic Magazine's Institute of Student Opinion (class of 1956)*:

*Source: Rock of Ages by Ward, Stokes, & Tucker (p. 123)

Music business in the late 50s

DJs ascend

The "Big Five" in Descent

Top 40 format (initiated in KOWH, Omaha); two gripes expressed by Ted Collins (producer of Kate Smith's radio show):

in the mid-1950s, stereo recording is introduced by Capitol Records

TEEN $$$$'s CONTINUED TO RULE THE MARKET!!

Single Sales Drop (Fall 1958)

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