Engaged music fans at an intimate live concert surrounded by a larger audience.

The Biggest Audience Isn’t Always the Most Valuable

For years, the music industry has celebrated one number above almost every other. Monthly listeners. Artists proudly share screenshots when they reach 10,000, 100,000, or even one million listeners. Those milestones have become visible symbols of success, often used to measure an artist’s growth and momentum. But what if we’ve been focusing on the wrong …