Music streamers like Apple and Spotify should increase prices says Goldman Sachs

Back view of bald man listening music with headphones (Credit: Westend61 - Getty Images)

For a number of years musicians and artists have been vocal about the fact streaming services aren't working for them. As it turns out, the model isn't working for streaming giants either.

New research from Goldman Sachs has lifted the lid on the industry expected to be worth more than $130 billion by 2030—one which although growing, is seeing revenue per stream shrinking.