Managemental Podcast With Blasko And Mike Mowery

In this week’s episode Blasko and Mike revisit one of the first ever episodes and discuss how their predictions for 2017 and Paul Resnikoff’s article: http://www.digitalmusicnews.com/2016/12/19/music-industry-anti-predictions/ Wireless headphones won’t take over the world (yet). Apple won’t close its iTunes download store (yet). Streaming music won’t reach 250 million paying subscribers. (Currently at 100 million.) *According to IFPI’s Global Music Report, streaming now makes up the majority (roughly 60%) of digital revenue and for the first time, digital revenues make up 50% of the share of total recorded music industry revenues. Rough estimates show that if 10% of the global population eventually subscribes to a music streaming service, the music industry’s worldwide recorded music revenues will far exceed its best year ever in 1999. In fact, a recent Goldman Sachs report predicted that streaming will hit $34bn in revenue in 2030, as part of a healthy $41bn industry.  The Grammys will not be spectacular.