Welcome to your daily dose of music industry insights! This year marks a pivotal moment for the music world, with major streaming services implementing their first significant price increases in over a decade. This move reflects changing dynamics as platforms look to raise revenues while modernizing outdated payment structures. Did you know that emerging markets contributed 60% of net subscriber additions in 2023? This growth is projected to rise to 70% by 2030, showing the increasing importance of these markets. So, how do you think these changes will affect the music you listen to in the future?
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