Music Industry Landscape Quiz

Which statement best represents the current trajectory of the global recorded music market? (Choose one)

The global music market has reached a saturation point, with limited room for further growth
The global music market is unstable and growth is dependent on wider economic trends
The global music market is robust and showing consistent growth trends
The global music market has been experiencing a steady decline since the Covid-19 pandemic in 2020

Which of the following sectors experienced the most significant growth in 2023?

Which of the following was NOT one of the the top music markets by revenue in 2023?

In the past the appeal of Roblox and Fortnite has mainly been reach. What is the latest trend?

What was one factor that contributed to the revenue growth in China’s music market in 2023?

What are some of the factors contributing to the rise of local genres in global markets? (Select all that apply)

Growing diaspora of these emerging markets existing in other established markets
Fusion of popular music elements with local sounds
A decrease in the popularity of streaming services, leading listeners back to local radio stations
Music discovery via rise in tourism + travel

Which of the following statements is FALSE?

Half of Spotify's payouts in 2023 went to independent artists & labels
The annual revenue of independent artists and labels has been been growing
The combined revenue share of independent artists and labels is yet to surpass the market share of any of the major labels

Which DSPs are experimenting with integrated short video for music discovery? (Select all that apply)

What was the notable trend in the music industry concerning game platforms like Roblox and Fortnite?

What is a potential downside of the current trend of market saturation in the music industry?

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