COVID-19 has significantly declined market revenue and disrupted almost all the industries including oil and gas, manufacturing, automotive, consumer electronics, clothing & textile, food & beverage, aerospace & defense, construction, and others. To combat COVID-19 pandemic, most of the countries implemented lockdown and are now easing it phase-wise and industry wise. According to Coherent Market Insights’ (CMI) analysis, the pandemic also affected the music industry and music revenue dropped by almost 25% in 2020, owing to the fact that the pandemic disturbed the TV/film production and hampered the advertisement demand.
South Asia Stock Music Market Report Snapshots
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