digital music sector
The digital music sector refers to the industry that produces, distributes, and promotes music in digital formats. This includes streaming services like Spotify and Apple Music, which allow users to listen to music online without downloading files. Digital downloads, where consumers purchase and own individual songs or albums, are also part of this sector.
In recent years, the digital music sector has transformed how artists reach their audiences. Social media platforms like YouTube and TikTok enable musicians to share their work and connect with fans directly. This shift has changed traditional revenue models, with artists often relying on streaming royalties and live performances for income.