How does streaming impact the music industry in 2024?.

The rise of streaming services has fundamentally transformed the music industry, with significant shifts in revenue models, artist visibility, and consumer listening habits. In 2024, streaming platforms dominate music consumption, accounting for over 80% of the industry's revenue. This shift has enabled artists to reach global audiences, but has also raised concerns over fair compensation. Major platforms like Spotify, Apple Music, and YouTube Music continue to innovate with personalized playlists and exclusive content, further influencing how music is produced and consumed.