Latest music industry growth report from Goldman Sachs. An interesting read.
Predicting $163.7 billion revenue generated by the global music industry in 2030 , a compounded growth rate of 7.6% from 2023 ($98.3 billion)
A couple of interesting opportunities for Vinyl Group I picked up:
- Introduction of 'super premium plans catering to superfans'
- Development of a framework and monetisation avenue for the use of music content by Generative AI
- Predicted 70% growth of streaming platform subscribers from emerging markets
Link:
https://www.goldmansachs.com/intelligence/pages/gs-research/music-in-the-air-focus-on-monetisation-emerging-markets-and-ai/report.pdf
g o l d m a n s a c h s . c o m
Vinyl Group growth, page-81
Add VNL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $96.86M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.9¢ | $50.22K | 502.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32077 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 164000 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| VNL (ASX) Chart |