Posts

Coronavirus Music Industry

Despite Coronavirus Music Industry To Nearly Double In Value by 2030, Predicts Goldman Sachs

/in , /by

The global music industry is getting hit hard by the Coronavirus closures, with up to an estimated 25% drop in value in 2020 according to Goldman Sachs analysts.

Despite this bleak prediction, the same analysts foresee a much better future for the industry once the Coronavirus dust settles and we move through the upcoming decade. The American investment bank said in a research note made public this week that the live music industry would at first be “severely impacted” by the postponement and cancellation of events this year, but that over the longer-term they expect a strong rebound.

Read more

D-Sol: The DJ Who is Also the Co-President of Goldman Sachs

/in /by

Corporate executives are often perceived to be the serious, boring, and snotty types, more likely than not “all business and little fun”, so to speak. With their ties and dark suits, they are the last people one may imagine at a techno or house music show.

With that stereotype in mind, it is easy to think of David Solomon as just another one of these corporate executives with no ties to the electronic music world. After all, he happens to be the Co-President and Chief Operating Officer of Goldman Sachs, one of the biggest investment banks in the world. His role alone includes plenty of responsibilities that seemingly leave little to no time to pursue other passion projects or hobbies, and especially so if they involve anything related to the nightlife industry.

Read more