Music is an important and profitable source of revenue for the music industry, but its future is looking increasingly uncertain.
In the past two decades, the market for music has changed dramatically, and today it’s estimated that more than 100 billion songs are sold worldwide each year.
But how does music relate to its market value, and what’s the best way to predict the future of music?
To find out, we asked the experts to give us the lowdown on how music compares to the other industries, from music to the internet, and why they think its future looks uncertain.
1.
Music is more valuable today than ever