From six-figure TikTok snippets to virtual-reality stardom to Travis Scott McNugget pillows, here are 12 ways the bizarre year upended the music industry — setting artists and fans up for an even wackier 2021
Music-streaming subscriptions contribute $8.5 billion a year to the record business — but the biggest future growth may lie in social media, gaming, livestreaming, and fitness
With over $1.5 million in production expenses, Dua Lipa's global stream drew 5 million viewers — and represents a new norm in the crowded field of virtual concerts
The Chinese music-streaming giant just purchased 4 million shares in a newly public WMG, which is home to the likes of Tom Petty, Led Zeppelin and Cardi B
Universal Music Group, home to megastars like The Beatles and Taylor Swift, sells a 10% stake to Chinese tech and entertainment giant Tencent
By making select releases premium-only, this company is showing high-profile competitors that the practice might have legs
The music-streaming company may be trying to own the international music business in China by accumulating minority stakes in the most powerful music-related companies in the U.S. and Europe
Rolling Stone is a part of Penske Media Corporation. © 2022 Rolling Stone, LLC. All Rights Reserved.
