What challenges will the music industry face in 2023? Music Ally's Head of Insight, Stuart Dredge, looks ahead

Music Ally Focus Ep. 95: Time is flying and we’re now one month into 2023, so we asked Music Ally's Head of Insight, Stuart Dredge, to flex his insight muscles and speculate on what might happen in the rest of the year. We analyse some of the biggest issues in the music business:

• The recent comments made by UMG’s Lucian Grainge about how income from streaming should be shared
• Job cuts in music tech, including Spotify’s recent layoffs;
• Is streaming an affordable luxury that people will not cancel?
• Are gig tickets a luxury that people will skip to save cash?
• What about TikTok and how music generates money from non-streaming platforms
• Fairness for artists – what can artists do to make more money and take more control?

This discussion is extra-long – a whole hour! – and was recorded as a companion piece to Music Ally’s latest Quarterly Report – there’s a link below for Music Ally subscribers.

Music Ally's "Looking ahead to 2023" Quarterly Report:  https://musically.com/2023/02/09/music-ally-quarterly-report-looking-ahead-to-2023

Most pencils snapped in one minute: https://www.guinnessworldrecords.com/world-records/118697-most-pencils-snapped-in-one-minute

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