menu Home chevron_right
Music News

The 10 Biggest Music Business Stories of 2023

Mr. Nimbus | 12/21/2023

12/21/2023

The year saw both record revenues and widespread upheaval amid the rise of new technologies and existential questions about the future of the industry.

12/21/2023

With 2023 coming to a close, it’s time to reflect on another year in the music business — one that saw both record revenues and widespread upheaval, new technology anxieties and age-old questions of accounting, and ebbs and flows in consumer tastes and business transactions.

It was also a year that heralded a new era of change, with many companies and executives looking to find ways to better position themselves for the remainder of the decade. Whether that was calling for new payment models for the industry, shedding jobs to pivot towards profitability or reviewing their practices to shift into a new era, it’s been a year of existential self-examination for many as all layers of the biz seem to be on the verge of a new era.

At the same time, there were new twists on well-worn paths to success, some conclusions to long-running questions and long-dormant issues that raised their heads once again. Trends that many thought would die down have nonetheless endured, genres rose to the forefront that had seemed destined to forever remain under the radar and long-held truths and partnerships broke down under the bright lights and pressures of the mainstream.

There were also tentpoles of massive success, with record-setting tours and albums and artists that simply blew away the competition, with levels of dominance that only come around once a decade — or a generation. Here, in the waning days of the year, Billboard looks back at 10 of the biggest news stories in the music business this year.

This post was originally published on this site

Written by Mr. Nimbus




This area can contain widgets, menus, shortcodes and custom content. You can manage it from the Customizer, in the Second layer section.

 

 

 

Newsletter

  • cover play_circle_filled

    Tiki Town Radio

  • cover play_circle_filled

    Pendulum Radio

  • cover play_circle_filled

    Global Darkness Radio

  • cover play_circle_filled

    Desire Unbound Spa Radio

  • cover play_circle_filled

    Nimbus Hits
    Today's hits and classic favorites

  • cover play_circle_filled

    Nimbus Entertainment 80s

  • cover play_circle_filled

    Nimbus Dark Dance

  • cover play_circle_filled

    Nimbus Punk
    Classic and modern punk and hardcore

play_arrow skip_previous skip_next volume_down
playlist_play