Goldman Sachs Wildly Misses the Mark on 2024 Recorded Music & Streaming Revenues—Downgrades Forecast After A ‘Marked Slowdown’ and Streaming Plateau

Goldman Sachs has long had a bullish outlook on the global music industry, but its latest ‘Music in the Air’ report reveals the investment bank wildly overestimated recorded music and streaming revenues for 2024. The overestimate has prompted a notable downgrade in its future forecasts—the streaming plateau is here. Goldman Sachs initially projected a robust […]