 The Telecommunications Act of 1996 brought drastic changes in the American music industry.There was an increase in homogenization and monopoly of U.S. radios and media outlets; consequently, the Act influenced the trends of music broadcast worldwide.After 1999, which was the year the music industry achieved its historical peak in sales, with a record $28.9 billion (in large part due to the compact disc format, which also reached its historical peak that year), there would be a progressive decline in physical sales and revenue, a trend that signaled a crisis in the music industry.