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Bookmark or Share- Gaming boomed in lockdown and market value will reach $320bn | World ...The gaming industry is tipped to maintain its recent rapid growth, and could be worth $321 billion by 2026, a new PwC report says. Millions of new players splashed out on games and consoles during COVID-19 lockdowns. Some players said gaming during the pandemic helped with their mental health.
- This is how AI is impacting – and shaping - The World Economic ForumGenerative AI and the music industry Legendary producer Nile Rodgers was at Davos to receive the Crystal Award for his contribution to music, his commitment to fighting systemic racism, inequality and injustice, and for championing young voices.
- 4 things to know about the future of media and entertainmentAfter COVID-19 slumps, the global entertainment industry is set to rebound, a new PwC report says. Online data consumption spiked 30% during pandemic. Many consumption patterns and consumer habits learned during the pandemic will become embedded. Live music and cinema are expected to bounce back.
- Infographic: How does the world consume music? - The World Economic ForumThis internet-heavy metric is being reflected on the business side as well, with 75% of the music industry’s revenues in the U.S. coming from streaming. However, for artists, streaming revenue is usually the third-biggest earner after live performances and sales.
- Music sales hit new record thanks to surge in streaming | World ...Yet the music industry is anything but ‘as it was’, with streaming, rather than CDs or vinyl records, behind recent record growth. Global music revenues rose almost 20% last year, driven by a surge in streaming which accounted for 65% of the industry's revenues, according to the annual report of IFPI, the organization that represents the ...
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