Economic headwinds have forced the hand of many consumer tech brands to refocus their strategies to ensure they can deliver shareholder value, or even simply remain viable. At the same time, recent “shock” rises in inflation are hitting consumers hard, potentially creating a lose-lose scenario. The music industry is also undergoing a significant transformation. Publishers, labels, technology providers and artists alike are re-evaluating a model that has sat in place since the advent of streaming. This ties together several important themes all coming to a head at this moment in time—how much listeners value music, how artists can be paid...
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