INSIGHT REPORT: The Future Of Music

The music industry is still in a state of flux. Digital revenues rise, but continue to fail to offset the loss of physical revenues. Streaming services continue to struggle to post profits despite their growth and many artists continue to mistrust these platforms, complaining that they don’t provide a decent return. Licensing remains a contentious issues and something of a minefield, with a whole online mini-industry springing up around it to help artists and businesses negotiate licensing. Meanwhile, more people continue to listen to more music than ever before.