What are the effects of streaming on the music industry?
Streaming has transformed the music industry by changing how artists distribute their music and how fans consume it.
Has streaming helped or hurt artists financially?
It has a mixed impact; while it provides exposure, many artists earn less per stream compared to traditional sales.
What about the role of record labels in this new landscape?
Record labels are adapting by focusing on digital marketing and finding new revenue streams, but their role is evolving.
Are there any notable success stories from streaming?
Yes, artists like Chance the Rapper and Billie Eilish gained significant popularity through streaming platforms.
What do you think the future holds for the music industry?
The future may see more direct artist-to-fan relationships and innovative monetization strategies as technology evolves.
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