The music industry refers to the business sector that encompasses the production, distribution, and promotion of music and music-related products. This includes a variety of key players such as artists, record labels, producers, publishers, and distributors. The industry is responsible for bringing music to audiences through various formats, including physical media (like CDs and vinyl), digital downloads, and streaming services. It also involves live performances, concerts, and music licensing for film, television, and advertising. The music industry has evolved significantly with technological advancements, particularly the rise of digital platforms that have transformed how music is consumed and monetized. Key components include songwriting, recording, marketing, and sales, which all contribute to the overall success of musical works and the careers of those involved in creating them.
BLACKPINK’s Rosé released her solo hit “APT.” in October 2024, featuring Bruno Mars. The music video has surpassed **1 billion views** on YouTube within **105 days**. “APT.” has topped both…