Goldman Sachs just cut its 2020 paid music streaming revenue forecast by $2.2bn… but the future still looks bright

Adjustments to the financial giant’s forecasts say much about the future of the music business at large
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Revenue Per User To Fall 25% Even As Streaming Grows In Popularity says Goldman Sachs Study

The global recorded music business brought in $19.1 billion in revenue in 2018, according the IFPI. By 2030, that number will grow to $45 billion, with streaming expected to represent $27.5 billion of the total, according to a new Goldman Sachs analysis. The total number of paid music-streaming subscriptions worldwide…

Goldman Sachs says 1.15bn people will pay for music streaming by 2030, as it ups industry forecast

‘Music In The Air’ update brings optimistic news for record companies
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Goldman Sachs: Universal is worth $23.5bn – and streaming revenues will jump 500%+ by 2030

New report suggests the good times are really about to roll for the music business

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Goldman Sachs fund sells $75m Spotify shares ahead of direct listing

Demand increasing as anticipation grows ahead of Spotify’s floatation attempt
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