I guess, but what's the new business model?
Previously it was, you don't need a label, just stream and earn 24/7.
Then it was, you own your own music and name your own price.
Now with AI is 'make the music you always wanted'.
But they don't mention if its in any way 'profitable'; I keep being bombarded by SUNO announcements about how to compose your own song, which is great. But, what's the new business model now. Are we still on streaming train or are we selling NFTs?
As a consumer, I have taken the time to buy whole MP3 albums from places like Bandcamp. Not sure if their numbers are going up, or down, but hopefully someone is paying attention. Same with other popular platforms like Soundcloud or Youtube music, or Patreon. All these are Web2 alternatives. But are there any new ones taking over in 2026? Do you know? Does anyone know? Is ITunes still relevant?
RE: The Music Industry in 2026 Is Kind of a Mess- Here's What's Actually Going On