10 Ways the Coronavirus Will Change the Music Industry

There isn’t a business in the world that won’t change in some material way as a result of COVID-19. The music industry is no exception. Riding high on strong revenues leading into the pandemic, the coronavirus hit the music industry hard in March as streaming numbers declined and the live concert revenue stream was shuttered as a result of social distancing and quarantine. Like much of the business world, music is still learning how to function and drive revenue in a new normal, one where being shoulder-to-shoulder at a concert is not possible and fans aren’t as concerned with the hottest new artist as much as they are figuring out how to safely buy groceries…


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