The Town with Matthew Belloni

Has the Music Industry Peaked?

Matt is joined by Bloomberg’s Lucas Shaw to discuss whether it's time to panic for the music industry after shares of Universal Music Group tanked due to a deceleration in streaming subscription revenue growth. Matt and Lucas wonder whether this is a crisis or just a blip and offer up ways music streamers should differentiate themselves to make more money and get back on the path of accelerated growth (03:10). Matt finishes the show with a prediction about the ratings for the 2024 Olympics (24:32).

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Host: Matt Belloni
Guest: Lucas Shaw

Producers: Craig Horlbeck and Jessie Lopez
Theme Song: Devon Renaldo
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Puck founding partner Matthew Belloni takes you inside Hollywood, using exclusive reporting and insight to explain the backstories on everything from Marvel movies to streaming wars. Multiple times each week, Matt will touch on what is getting made and why, who is winning and losing, and what people in show business are actually talking about.