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Houlihan Lokey – The Future of Audio: Audio Market Update, Fall 2024

Summary
Houlihan Lokey – The Future of Audio: Audio Market Update, Fall 2024 provides a comprehensive analysis of current trends and investment activities within the audio sector. The report highlights the sustained growth of recorded music, noting that while streaming subscriptions are nearing saturation, the industry is exploring new avenues for expansion. It emphasizes the increasing role of creator tools, as more consumers are empowered to produce music, positioning this segment as central to the music business. Additionally, the report discusses the implications of generative AI, suggesting that while it presents challenges, it also offers opportunities for new revenue streams through "remix culture." These insights aim to guide stakeholders in navigating the evolving audio landscape.
Region: Global 
Published: November 2024 
Author(s): Houlihan Lokey 
Language: English 
Tech drivers: AI Social Media 
Social drivers: Sustainability and ethics 
Geopolitical drivers: Economic conditions 
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