The Goldfish Syndrome is Forcing the Music Industry to Evolve
While study by Microsoft has shown that human has an attention span of merely eight seconds similar to a goldfish, the challenges in a developing and evolving industry such as the music industry remain as a challenge when it comes to feeding content and attracting loyal fan bases within a very short time frame (this is a matter of a few seconds listening to a song or watching a music video). Last year alone, digital music streaming alone increased by 3.2% of the total industry revenue to $USD15 billion –…