Economic Value Of Music Management
The economic value of music management refers to the financial contributions and impact that music management, as a sector, has within the broader music industry and economy. This encompasses the value generated by managers in supporting artists, overseeing marketing, handling legal and financial matters, and coordinating production efforts. The music industry as a whole contributes significantly to GDP, with the U.S. music industry contributing over $211 billion to the economy and supporting 2.5 million jobs in 2020¹. Managers play a crucial role in maximizing the livelihoods of artists, songwriters, and producers².
Economic Value Of Music Management
The economic value of music management refers to the financial contributions and impact that music management, as a sector, has within the broader music industry and economy. This encompasses the value generated by managers in supporting artists, overseeing marketing, handling legal and financial matters, and coordinating production efforts. The music industry as a whole contributes significantly to GDP, with the U.S. music industry contributing over $211 billion to the economy and supporting 2.5 million jobs in 2020¹. Managers play a crucial role in maximizing the livelihoods of artists, songwriters, and producers².
Economic Value Of Music Management
The economic value of music management refers to the financial contributions and impact that music management, as a sector, has within the broader music industry and economy. This encompasses the value generated by managers in supporting artists, overseeing marketing, handling legal and financial matters, and coordinating production efforts. The music industry as a whole contributes significantly to GDP, with the U.S. music industry contributing over $211 billion to the economy and supporting 2.5 million jobs in 2020¹. Managers play a crucial role in maximizing the livelihoods of artists, songwriters, and producers².
