* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, June 1, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Entertainment

Goldman Bumps Its 2024 Music Sales Forecast — With a Nearly $164 Billion Global Market Expected for 2030

May 11, 2024
in Entertainment
Goldman Bumps Its 2024 Music Sales Forecast — With a Nearly $164 Billion Global Market Expected for 2030
Share on FacebookShare on Twitter

goldman sachs music in the air

In its latest Music in the Air report, Goldman increased its 2024 revenue forecast and elevated its 2030 outlook to almost $164 billion. Photo Credit: Goldman Sachs

Citing the revenue momentum of publishing, concerts, and streaming in emerging markets, Goldman Sachs has bumped its music sales forecast for 2024.

Goldman just recently disclosed this updated 2024 outlook as part of its Music in the Air report. Featuring a number of interesting data points and adjacent takeaways, that analysis spans 75 pages, with its “redacted version” running 48 pages in its own right.

Zeroing in on key components of the voluminous resource, Goldman is banking on 7.6% across-the-board music sales growth, referring to publishing, recorded, and live alike. Previously, that percentage was 7.4%; the Fever investor is also anticipating a 7.9% 2024 spike in gross revenue, according to the report.

Elaborating on those points, Goldman explored the initially mentioned “main drivers” of the surge, emphasizing the calculated 25% year-over-year growth achieved by the overarching live concerts sphere (where Live Nation sees “another record year” in 2024) during 2023.

Publishing’s expected 9.2% revenue expansion between 2024 and 2025 – Warner Music this week posted double-digit Q1 2024 publishing growth – is contributing to the more optimistic stance as well, the NTWRK stakeholder communicated.

Digging into the most noteworthy of the figures behind the percentages, Music in the Air acknowledges a slower-than-expected recorded growth rate (8.9% instead of 9.3%) for 2024. Across all categories and sub-categories, ad-supported streaming laid claim to the largest gross-revenue-forecast decrease at 9.1% growth (down from an even 18%).

However, that dip would be offset by the above-highlighted accelerated revenue buildouts in publishing (9.2% instead of 8.5%) and live (6% instead of 5%).

At the intersection of those percentages and streaming’s comparatively rapid growth in emerging markets (where ads generate less revenue in general and paid plans cost less), Music in the Air, running with IFPI revenue data and Luminate’s streaming-volume calculations, further recognizes the per-stream royalty rate’s continued decline in recent years.

Lastly, on the physical front, Goldman, which has for some time touted the perceived monetization potential of superfans, retooled its 2024 expectations for the category. That upward swing (3.1% forecasted growth instead of a 2.6% slip) is due in part to diehard supporters’ buying habits, which commercially prominent artists are capitalizing upon.

Bigger picture, the slightly more optimistic outlook for 2024 has been accompanied by bolstered revenue forecasts for 2025 and beyond – ultimately leading to an astonishing $163.7 billion global music space (in gross revenue) in 2030. Should the necessary expansions and then the prediction come to fruition (there are, of course, an abundance of unknowns in music and the wider market), the industry would be relatively close to twice as large as it was in 2023, the report shows.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : DigitalMusicNews – https://www.digitalmusicnews.com/2024/05/10/music-in-the-air-2024-goldman-sachs/

Tags: BumpsentertainmentGoldman
Previous Post

Is Streaming ‘Super-Bundling’ Ahead? Research Says Price-Conscious Consumers Will Demand More Bundles

Next Post

Spotify’s Podcast Division Experiences Another Major Shakeup With Julie McNamara Exit

Why Gen Z Will Demand Crypto-Enabled Health Systems – Forbes

How Gen Z is Shaping the Future of Crypto-Enabled Health Systems

June 1, 2025
State Sen. Skoufis declares war on en­ter­tainment ticketing practices in closing days of session – Spectrum News

State Senator Skoufis Takes a Stand Against Unfair Ticketing Practices in Final Session Push!

June 1, 2025
Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

June 1, 2025
With college sports in limbo and key issues coming to a head, the spotlight is on the SEC: ‘It’s going to get heated’ – Yahoo Sports

SEC Showdown: Tensions Rise as College Sports Face Uncertain Future

June 1, 2025
Upgrades coming to ecological park in Sunbury – WNEP

Upgrades coming to ecological park in Sunbury – WNEP

June 1, 2025
This will ‘devastate scientific research’: 16 states sue the Trump administration over National Science Foundation directive – CNN

This will ‘devastate scientific research’: 16 states sue the Trump administration over National Science Foundation directive – CNN

June 1, 2025
Trump’s new ‘gold standard’ rule will destroy American science as we know it | Colette Delawalla – The Guardian

Trump’s Controversial ‘Gold Standard’ Rule: A Threat to the Future of American Science

June 1, 2025
The month of pride – financialexpress.com

Celebrating Pride: A Month of Love, Acceptance, and Empowerment

June 1, 2025
Elon Musk: Five ways world’s richest man changed the White House – BBC

Elon Musk’s Impact: Five Transformative Ways the World’s Richest Man Influenced the White House

June 1, 2025
Last Week at Economy Class and Beyond (31st May) – Economy Class & Beyond –

Last Week at Economy Class and Beyond (31st May) – Economy Class & Beyond –

June 1, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (655)
  • Economy (670)
  • Entertainment (21,576)
  • General (15,254)
  • Health (9,713)
  • Lifestyle (672)
  • News (22,149)
  • People (671)
  • Politics (679)
  • Science (15,891)
  • Sports (21,175)
  • Technology (15,658)
  • World (658)

Recent News

Why Gen Z Will Demand Crypto-Enabled Health Systems – Forbes

How Gen Z is Shaping the Future of Crypto-Enabled Health Systems

June 1, 2025
State Sen. Skoufis declares war on en­ter­tainment ticketing practices in closing days of session – Spectrum News

State Senator Skoufis Takes a Stand Against Unfair Ticketing Practices in Final Session Push!

June 1, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version