Music industry is shifting towards in-person physical experiences (live music)

Next five years is gong to be a big shift towards the live music. Few years back as well download or purchase of music was the main source of revenue generation for the music industry.

But gradually the consumers are moving away from the purchase of music to the subscription based model of live streaming. And soon it is going to be the main source of paid content in terms of revenue generation.

But gradually the consumers are moving away from the purchase of music to the subscription based model of live streaming. And soon it is going to be the main source of paid content in terms of revenue generation.

Picture and Reference: PwC Outlook.