the music industry is transforming before our eyes
Millennial's are a streaming generation, making up more than 50% of the global workforce, they dominate the evolution of the music industry. An industry driven on both ends of the supply chain; production and consumption.
With production, artists are exploring new ways to generate money. No longer do they rely on album and ticket sales, they also obtain money from ad revenue, helping artists earn more from their music. Some platforms even help new artists be discovered.
With consumption, consumers are looking for convenience, selection and new interests. No longer is it only about their favorite albums or tracks but about what friends and other like-minded individuals are listening to. Consumption has gone social!
SIMon Media Streaming marries an immersive social experience with e-Commerce in the biggest library of streaming music and video content available. Social communication allows artists to connect with their fans, and fans with other like minded individuals, while e-Commerce greatly expands sales opportunities for fans and artists.