With some research, experience and knowledge, here are my predictions for the music business in the next year or so.
Huge boost in subscription levels - musicians will experience a greater boost in YouTube channel subscriptions with the emergence of new music economies (particularly in Brazil and India). This also applies to Spotify subscriptions.
Greater mobile device usage - With the globalisation of smartphones, there will a greater percentage of music, including mobile music streaming, with many people paying music through their mobile devices.
Increase in live ticket and album packages - There will be a greater number of bands selling both live tickets for gigs and albums in a single package. This model has worked very well in Latin America and is sure to catch on in the rest of the world, if not already.
So that's a small glimpse into the future. Hopefully these changes will add to the wealth of markets available to musicians and fans alike.
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