Economic impact of the recorded music industry

September 11, 2019

Industry participants have indicated that piracy, value gap (sustainable sharing of value across the music value chain), and regulatory impediments (notably statutory licensing) are some of the key challenges that the recorded music industry faces. Addressing the above challenges, initiating governmentfunded music-centric grants and export schemes, and seeding a performing centre ecosystem into the next blueprint of India’s smart city initiatives are some of the measures that can put the music industry on a faster growth trajectory. This, in turn, could unlock the associated amplification effects in the broader economy.

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STX Entertainment

STX Entertainment is a fully integrated, diversified, global media company designed from inception to unlock value from the 21st century’s changed media landscape. STX specializes in the development, production, marketing and distribution of talent-driven films, television, and digital media content, with a unique ability to maximize the impact of content across worldwide, multiplatform distribution channels, including unparalleled global capabilities and direct passage into the China market.

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