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Due to the COVID-19 pandemic, artists turned to livestreaming performances to reach audiences. Impact included maintaining fan engagement and creating new revenue streams.

Non-Fungible Tokens (NFTs) allowed musicians to sell unique digital merchandise and collectibles. Impact:A new paradigm for digital ownership and additional income for artists.

Sales of vinyl records surged, pointing to a nostalgia-driven market. Impact: Increased physical album sales and a resurgence of interest in analog sound quality.

Latin Pop became mainstream with hits like 'Despacito', shaping the global music scene. Impact: Broader cultural representation and new international collaborations.

Artificial intelligence was increasingly used to compose music, spurring discussions about creativity. Impact: New tools for musicians and questions about the role of human musicianship.

Musicians and platforms imagined concerts in virtual spaces. Impact: Pushed the boundaries of live performances and opened up interactive audience opportunities.

Artists began releasing exclusive content on specific streaming platforms. Impact: Highlighted the competition between streaming services and fueled debates over user access.

AI-generated music became more sophisticated and widespread. Impact: Creating cost-effective production options and raising ethical concerns.

Streaming services introduced high-quality audio options. Impact: Enhanced listening experience for audiophiles and competition based on sound fidelity.

Musicians started using crowdfunding platforms to finance album production. Impact: Democratized music production and fostered direct fan support.

Established artists began releasing music independently from major labels. Impact: Shook traditional label dynamics and empowered artist entrepreneurship.

Artists used social media to release music and connect with audiences. Impact: Lowered barriers to entry for new artists and shifted promotional strategies.

Games like 'Rock Band' and 'Guitar Hero' dominated sales. Impact: Created a new way of interacting with music and expanded music gaming market.

Artists released 'visual albums' combining music with a strong visual narrative. Impact: Enhanced storytelling in music and created multisensory experiences for fans.

Music streaming services shifted to subscription-based models. Impact: Changed music consumption habits and reduced piracy.

EDM witnessed a global surge in popularity. Impact: Expanded festival culture and influenced pop music production techniques.

Curated playlists became a powerful tool for music discovery. Impact: Gave rise to influencer curators and changed the way listeners found new music.

Podcasts began featuring or discussing music heavily, often collaborating with artists. Impact: Opened new audiences for musicians and enriched the podcasting medium.

The industry focused on reducing its environmental footprint through various initiatives. Impact: Promoting sustainability in tour practices and physical media production.