Investing in Music in 2020 | Valholla
As we enter into 2020, the music business has experienced over four years of double-digit growth. This growth is mostly thanks to streaming and its rise with Spotify, Apple Music, and others. With subscribers of streaming services still growing around the world, this is the perfect time for investors to enter into the music sector. According to the RIAA, in the first half of 2019, at wholesale value, revenues for recorded music rose to $3.5 billion. This doesn't include revenue from tours and merchandise.
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