Sep 19, 2019 / 12:50PM GMT
Lisa Yang - Goldman Sachs Group Inc., Research Division - Equity Analyst
Cool. I think we're going to get started. Good morning. My name is Lisa Yang, I cover European media research here at Goldman. It's a great privilege to have with me on the stage Rob Stringer who, most of you know, is the Chairman of Sony Music Group and CEO of Sony Music Entertainment.
So Rob has gone from being a teenage punk fan in the early days to becoming one of the most prominent and successful executives in the music industry, working with artists such as Adele, Beyoncé, Daft Punk just to name a few. So really, Rob, thank you very much for joining us today.
Questions and Answers:
Lisa Yang - Goldman Sachs Group Inc., Research Division - Equity AnalystSo maybe we can begin with the bigger picture. So you've been through all the transitions of the music industry in the last 30 years and now we are seeing streaming really changing the structure of the industry and getting the market back to growth. So in 2018, the recording music market grew 10% year-on-year, which is
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