Goldman Sachs: Global music streaming revenues will rise $3bn this year

There are some interesting industry-wide predictions made in the latest Music In The Air, which is co-penned as ever by respected music biz analyst, Lisa Yang “We anticipate a faster shift to music streaming and greater monetization of music content from new formats (e.g. short-form video, connected fitness, gaming, etc.), a trend that has been further accelerated by the pandemic,” reads the paper.

Source: Goldman Sachs: Universal is worth over $50bn, and global music streaming revenues will rise $3bn this year

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