Posted January 13, 2018 07:18:13A few weeks ago, the music industry celebrated a major milestone, the 20th anniversary of its creation.
Today, we’re marking a new beginning.
As we celebrate our 20th birthday, we want to share some of the big news coming from the music scene and beyond.
We’ve seen an unprecedented growth in interest and popularity from the industry, thanks in large part to the fact that people have found music to be a part of their lives.
Music is now being played in more than 20 million homes across the globe, and there’s a growing demand for music in new ways.
From live concerts to digital radio, there’s more than one way to listen to music.
And as music becomes increasingly mainstream, the industry is taking steps to address the needs of fans and musicians alike.
Today, we take a look at some of these advances and how they’re affecting the music business.
While the music and pop music industries have been at war for years, this is by far the most serious battle that the music industries has seen in a decade.
In the past decade, the big music companies have made it their mission to transform the music ecosystem.
They have launched a massive expansion into digital services, launched an all-star music lineup, and expanded their presence into TV and movie production.
These moves have been driven in part by a desire to become the dominant player in the music marketplace.
Today is the 20-year anniversary of the creation of the modern music industry, and as it turns out, this milestone is a harbinger for the future.
Here are a few things you need to know about how the music sector is evolving in the years to come.1.
The industry is changing:It may not seem like it, but the music world is changing rapidly.
We’re seeing a shift in music consumption, as well as the growth of streaming and digital services.
We’ll look at these trends in a moment, but first, let’s look at the music-streaming landscape in the U.S.
This year, we saw the growth in streaming, the largest digital-music industry by revenue.
Streaming revenues reached $10 billion in 2016, according to a new report from Nielsen Music.
According to the same report, music streaming surpassed the $5 billion mark for the first time in 2017.
It was a significant year for digital music revenue, which grew by over 40% in the first quarter of 2018.2.
Spotify, Pandora, and Beats are doing well:While the industry was once dominated by record labels, streaming services have expanded their reach and have even become big brands.
Spotify alone generated over $5.4 billion in revenue in 2017, according the Nielsen Music report.
The company has more than 30 million paid subscribers, which is nearly half of the music market.
It also has more paid subscribers than the music labels combined.
This means the music services have a big leg up on the major record labels.
As a result, it seems likely that the industry will grow in terms of streaming revenue in the near future.
The number of people who listen to streaming services is increasing year over year.
In fact, in the past year, the number of streams on Spotify grew by nearly 20% year over season, according a report from the NPD Group.3.
Music is becoming more diverse:As the music economy has evolved, so has the music music scene.
This has also led to more diversity in the way musicians are represented and marketed.
In 2017, there were just 15.3 million artists on Spotify, which represented more than 1% of the entire music market, according Spotify.
In 2018, the figure has jumped to 20.5 million artists.4.
The music business is diversifying:Music has always been a very competitive industry.
The big record labels have been successful at keeping their customers loyal.
But over the past few decades, the major labels have shifted their focus to digital music and other streaming services.
In addition to growing the market share of streaming services, these services have diversified the music landscape and have created new genres and styles.5.
More people are listening to music online:The music business has always thrived in a world of smartphones and streaming services like Spotify and Pandora.
Today’s online listening habits have created a new generation of fans.
As a result of this shift, the majority of consumers today listen to more than 10 songs on Spotify every day.
Spotify’s daily average listening time has increased to 25 hours, up from 8 hours in 2017 and 8 hours last year.
As music continues to be consumed in new and different ways, the demand for the industry’s products and services is rising rapidly.6.
The next generation of music fans is listening to more of it:It’s true that streaming is becoming a larger part of the overall music ecosystem, and it’s also true that music listeners are more diverse.
The Pew Research Center recently reported that 44% of millennials said they listened to music in the last year online,