INDUSTRY SPOTLIGHT

Music

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Music industry overview

Global music industry is thriving, with 2023 revenues up by 10.2%, primarily driven by streaming services. Paid subscriptions now account for nearly half of the market, while physical formats like vinyl are seeing a surprising resurgence

Why it matters:

The continued growth of the music industry highlights shifting consumer habits and new opportunities for innovation:

  • Streaming now generates over 80% of U.S. music revenues​
  • Investment in artist development and marketing reached $7.1 billion globally

Between the lines:

Despite booming revenues, challenges persist:

  • AI-driven content raises concerns about copyright and fair compensation.​
  • Smaller artists struggle with low streaming payouts, sparking debates about equitable revenue distribution.

Our expert team is equipped with the knowledge needed to develop successful, investment-worthy ventures in the Music sector

$3B+
Funds secured
600+
Companies boosted
80+
Fields explored

What we do:

We help to secure necessary venture funding, find profitable M&A options, and craft impeccable Music pitch decks and business blueprints.

Go deeper:

Explore our Music market analysis to learn about the latest trends, startup challenges, and key strategies for securing investment.

Building a solution in the music space? Get in touch with us

Our unique value proposition lies in our constant exposure to new and developing sectors, powered by an unparalleled acumen at the intersection of cutting-edge business models, disruptive growth strategies, and the latest industry trends.

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