Goldman Sachs report salutes concerts ‘resilience’

The strength of the live business has led Goldman Sachs to raise its forecast for the global music industry for this year and beyond.

The investment bank and research firm has published the latest edition of its Music in the Air report, which projects overall revenue growth of 7.9% year-on-year in 2024, and expects it to sustain that rate of growth throughout the decade.

Central to its forecast, as per Music Week, is the performance of the live sector, which achieved net…

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