Goldman Sachs Predicts Explosive Music Industry Growth Despite Spotify Slowdown
Goldman Sachs Predicts Explosive Music Industry Growth Despite Spotify Slowdown and Wider Economic Uncertainty
Amid the ongoing resurgence of crowd-based entertainment like concerts and festivals – and notwithstanding a slowdown in Spotify’s subscriber growth – Goldman Sachs believes that the music industry is poised to crack $153 billion in annual revenue by 2030.