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Taylor Swift (Acquired’s Version)
Acquired
Streaming's Impact on Music Industry and Business Size Comparison
Streaming has significantly boosted revenue for the music industry, surpassing the earnings from all formats in 2015. However, the music business is relatively small compared to other industries. The sale of a music catalogue for $300 million, while substantial, is not considered significant in comparison to other business deals and investment amounts. The current age is characterized by social media and technology, with individuals achieving significant wealth through technology-related ventures and finance.
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