Music industry to nearly double in value by the end of the decade, Goldman Sachs says

Music industry to nearly double in value by the end of the decade, Goldman Sachs says

A person wears a protective face mask while walking with a bicycle in Domino Park in Williamsburg during the coronavirus pandemic on May 17, 2020 in New York City.

Noam Galai | Getty Images

Goldman Sachs expects global music revenues to tumble by up to 25% in 2020, largely due to widespread disruption across all sectors of the industry due to the coronavirus crisis.

Analysts at the U.S.…

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