1、GLOBAL MUSIC REPORT 2023 STATE OF THE INDUSTRYCONTENTSIn an ever developing and rapidly changing music market,we offer our artists a tailor-made service to fit their unique needs.We continue to push hard to achieve the success our artists deserve whilst giving them the space and resources they need

2、to make great music!”Whilst we continue to bring high quality content into the world from hugely innovative creators,we must all recognise that the worth and importance of this creativity can be diminished if we dont proactively maintain that value everywhere consumers experience content.The recordi

3、ng industry represents the music that drives the growth and success of many other businesses,so we must be vigilant against any race to the bottom offered up to consumers.With new chapters on the horizon such as the Metaverse and AI,we will continue to protect our creators as we navigate a new compl

4、ex rights model.”Music thrives at the intersection of culture,technology,and commerce.Its the single most influential global art form,with an unmatched ability to attract audiences,drive social interaction,transcend borders,and unite people.Despite this power,its still undervalued compared to other

5、forms of entertainment.Were excited to unlock the industrys next phase of growth by championing extraordinary artists and songwriters,building long-term careers and loyal fan communities,while developing innovative business models and high impact tech products.Our future is a whole universe of oppor

6、tunity.To succeed,musics future must be artist-centric.As we enter our industrys next exciting chapter,we must remain focused on our shared goal:a robust,growing and sustainable music ecosystem.This is an environment in which great music is not drowned out by an ocean of noise,where music is easily