I feel the growth would be high, whether it would be 30% or 5-10% here or there I don’t know.
The biggest low hanging fruit currently is proper monetization of shorts, Tips has already pulled its content from Instagram and I think the new deal would happen at a substantial amount whenever that happens.
And in the longer run, people will have to pay for convenience of streaming music like they are paying for now for say food delivery etc and that would trickle down to music labels.
I have shared some thoughts on monetization of convenience here if you are interested-
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