Goldman Sachs has released its 2023 ‘Music in the Air’ report, dialing back its prior music industry revenue forecast slightly. In pointing to the possibility of a cool $153 billion in yearly industry revenue – up substantially from a prior projection of around $131 billion – Goldman in the 2022 analysis made clear its belief that streaming was showing “no sign of saturation.”
Source: Goldman Releases (Slightly) Dialed Back ‘Music in the Air’ 2023