Blog 6: Music Industry
I found the 2025 IFPI Global Music Report really interesting for many different reasons. One thing that was cool to see was a lot of the artists that I listen to were on the list and gave statistics on how influential their music is worldwide. Another thing I found interesting was all the new trends and developments that we will see in the music industry. I think the future of music is still definitely gonna be heavily driven by the various streaming services. According to the report streaming services accounted fro 69% of the total music industry revenues. There was a huge growth of 9.5% in people signing up for paid subscriptions on different streaming services. I think we will continue to see growth in this area and new developments regarding people trying to create the next big platform regarding music streaming. Another thing that stuck out to me in the rep...