Goldman Sachs predicts $41bn recorded-music industry by 2030
Posted on: 30 août 2017, by : Stuart Dredge

At our NY:LON Connect conference in January this year, Dot Blockchain boss Benji Rogers caused a stir by making the confident prediction that “we’ll be at $100bn a year as an industry in two years” – albeit with the caveat that “it’s going to be really painful to get there”.
It’s fair to say that Goldman Sachs’ latest industry forecasts are more conservative.
The company is predicting a global recorded-music market of $41bn by 2030, with $34bn of that generated by streaming; $4bn from performance rights; $700m from physical and download sales; $500m from sync; and $1.2bn from other sources.
The post Goldman Sachs predicts $41bn recorded-music industry by 2030 appeared first on Music Ally.
Source: Music ally

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