Business Today

STREAMING SYMPHONY

BACK IN THE 1990S, MTV introduced to India not just the best of international music and music videos, but also a channel that played music non-stop. Soon, there were other players in this arena and by the 2000s, there were quite a few Indian households that had got into the habit of keeping their TVs tuned to a music channel for long hours, with music playing in the background. The advent of the iPod and later mobile phones led to people travelling with an unlimited supply of tunes, and often listening to music, non-stop, while going about their daily schedule.

Cut to present times and nearly 200 million people streamed music each month in 2021, says a recent Ficci-EY report on the media and entertainment (M&E) industry. The Indian Music Industry’s (IMI) Digital Music Study Report 2021 adds

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today11 min read
The Dark Side Of Gold Loans
THE RBI ASKED the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason: the regulator found some major lapses in how the company handled the loans. When the regulator looked into the company’s f
Business Today1 min read
All Guns Blazing
INDIA’S DEFENCE EXPORTS HAVE JUMPED ALMOST 31-FOLD TO A RECORD OF ₹21,083 CRORE IN FY24 FROM ₹686 CRORE IN FY14, REFLECTING THE COUNTRY’S GROWING CLOUT IN THE GLOBAL DEFENCE MANUFACTURING MARKET. WITH A ROBUST LOCAL MANUFACTURING ECOSYSTEM AND MORE T
Business Today1 min read
Read Credible, Exclusive, And Insightful Business Stories
Subscribe and get upto 81% discount*

Related Books & Audiobooks