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Evaluating the Economic Implications of Music Streaming
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How has music streaming impacted the revenue of the music industry?
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A
It has increased revenue.
💡 Explanation:
Music streaming has increased the revenue of the music industry by providing a new and convenient way for people to access music. In 2021, the global recorded music industry revenue reached $25.9 billion, with streaming accounting for 62.1% of that revenue.