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The Town with Matthew Belloni

Has the Music Industry Peaked?

The Town with Matthew Belloni

The Ringer

Society & Culture

4.3847 Ratings

🗓️ 5 August 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Matt is joined by Bloomberg’s Lucas Shaw to discuss whether it's time to panic for the music industry after shares of Universal Music Group tanked due to a deceleration in streaming subscription revenue growth. Matt and Lucas wonder whether this is a crisis or just a blip and offer up ways music streamers should differentiate themselves to make more money and get back on the path of accelerated growth (03:10). Matt finishes the show with a prediction about the ratings for the 2024 Olympics (24:32). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ click here. Email us your thoughts! [email protected] Host: Matt Belloni Guest: Lucas Shaw Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hey, everyone, it's Matt here. Before you skip ahead, I wanted to remind you that if you like this

0:04.5

podcast, you'll probably love Puck, where I write a newsletter twice a week called What I'm Hearing.

0:09.8

It's got tons of inside analysis, tidbits about what's really going on in Hollywood. It's where I

0:14.6

break news and I go deeper on the biggest topics, exclusive stuff that we don't get into on the town.

0:19.8

It's all part of Puck, which is like a

0:21.5

digital magazine for plugged-in people. It's got about a dozen real insiders doing exclusive

0:26.7

reporting and entertainment, media, sports, fashion, politics, and finance. If you're

0:32.0

interested, listeners of the town get a discount, actually. Just go to the description page of this

0:37.0

episode, or you can go to

0:38.2

puck.news slash the town to join puck or start a free trial. Now, let's get on to the show.

0:46.7

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...

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