The music industry starts 2023 in a bullish mood. Perhaps some of its executives spent their breaks ruminating on a controversial number: 100,000. That’s how many tracks are uploaded to streaming services daily, according to industry site Music Business Worldwide.
I’ve written here before about how all this choice might not be a good thing. To make matters worse, streaming services aren’t growing as fast as they once were. This is natural – in the major markets, there’ll come a point when most people have a subscription. It’s got labels wondering where money will come from in future though.
