Transcript

Music Streaming Is Down Severely Right Now, But These Genres Are Actually Way Up · Direct From Hollywood with Ryan Seacrest

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Speaker 1: Derived from Hollywood with Ryan Seacrest. The recorded music industry
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Speaker 1: has taken an unexpected hit due to the coronavirus outbreak.
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Speaker 1: After experts initially predicted streaming numbers and sales would shoot
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Speaker 1: up as people turn to music while stuck at home.
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Speaker 1: Turned out not to be the cases. People are driving
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Speaker 1: less and bars and restaurants are shut down, which also
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Speaker 1: apply a bunch of streaming opportunities. That said well, streaming
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Speaker 1: numbers overall are considerably lower than usual, down by about
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Speaker 1: a few. Genres are having their best weeks in years.
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Speaker 1: Classical music up Americans looking for something soothing somewhere. The
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Speaker 1: folk music that's up as well, and the biggest leap
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Speaker 1: goes to kids music up four, as parents from coast
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Speaker 1: to coast aim to keep their kids in themselves entertained.
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Speaker 1: That's direct from Hollywood.