Record labels are seeing slower growth from streaming. But growth is still growth.

<p>Welcome to the latest episode of Music Business Worldwide&apos;s Talking Trends, supported by <a href='https://www.volymusic.com/'>Voly Music</a>.<br/><br/>In this episode, MBW founder Tim Ingham discusses the recent quarterly results of music industry giants such as Universal Music Group, Sony Corp, Warner Music Group, and Believe.<br/><br/>Ingham notes that Q2 2022 saw something of a consistent slowdown in streaming revenue growth for the &apos;Big Three&apos; major record companies.<br/><br/>With macro-advertising spends set to drop in the months ahead, Ingham suggests that we now may be moving into a new era for the majors when it comes to streaming growth.<br/><br/>Says Ingham: &quot;It looks to me like we’re seeing the first signs of a new chapter for the recorded music industry: single-digit recorded music streaming revenue rises, following years of double-digit growth across the board.&quot;</p>