The State of the Music Business 2021

Tuesday, October 12, 2021, 3:00:00 PM UTC

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Moderator:

Jem Aswad

Just when it seemed that the music industry had settled around a new model — one where live entertainment is an artist’s main source of revenue — the pandemic completely up-ended the business. Suddenly, publishing and recorded music began growing in value exponentially while the concert business was almost completely shut down for nearly a year and a half. But with the industry slowly — and hopefully — returning to pre-pandemic conditions, what happens next? Will the touring business return fully to normal within a year? Two years? Ever? (And how many independent concert venues will still be in business if and when it does?) Is livestreaming here to stay? And will publishing and recorded-music catalogs keep growing in value, or is this a bubble? It’s all a moving target, but we’ll gather leaders from key industry sectors to try to make some sense of it and offer possible pathways forward.

Jem Aswad

Jem Aswad

Deputy Music Editor, Variety