COVID-19 Will Clearly Have a Negative Impact on an Already Struggling Physical Music Market
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The effects of COVID-19 have impacted every sector of business and aspect of life around the world.
An obvious area of the music industry which has been and will continue to be impacted is sales of physical product i.e. CD’s, vinyl etc.
The article below from Music Business Worldwide offers some insight into the current state of physical music sales from the viewpoint of Believe CEO, Denis Ladegaillerie.
Believe specializes in providing distribution and services for independent artists and labels. They also own the TuneCore platform which is a mainstay in the indie artist landscape.
Here, in his second blog for MBW, Ladegaillerie offers his observations on how the physical music market might decline as a result of COVID-19 quarantine – and why, despite that pain factor for artists and labels, there may be a silver lining in the digital world…
Click here to view original web page at www.musicbusinessworldwide.com
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