Goldman Sachs: Global Music Revenue Will Drop 25% In 2020

In a new “Music in the Air” analysis of the music industry’s outlook, Goldman Sachs indicated that global music revenue will drop 25 percent this year, owing to the fiscal and operational strain of the novel coronavirus crisis. As expected, 2020’s substantially lessened concert and live performance income played the biggest part in the predicted […]The post Goldman Sachs: Global Music Revenue Will Drop 25% In 2020 appeared first on Digital Music News.