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The Texas music industry employs almost 150,000 people, counting musicians, nightclubs, record companies, recording studios, touring companies and others. The Lone Star music industry has grown in recent decades with the rise of the South by Southwest music and technology festival as a national draw and the continued growth of Austin as a music capital. But new technology has brought change and the industry is adapting.
Revenue declines
The declines in unit sales have been echoed in revenue. 1999: $14.6 billion
330.6 million
Publishing companies
2,000 1,500 1,000 500 0
1,492
1,399 1,132
962
1,171
1,000 500 00 05 12 0
654
781
793
309
00
295
05
257
12
500 0
00
05
12
Record labels
2000 1500 1000 500 0
Touring services
2,000 1,500 1,000
Radio stations
2,000
Working musicians
40,000 30,000
975
1,056
1,138
31,110
569
597
555
758
806
946
20,000 10,000
500 0 00 05 12
00
05
12
00
05
12
NA
00
NA
05 12
SOURCES: Recording Industry Association of America; Texas Music Ofce, Ofce of the Governor