VNL 4.76% 10.0¢ vinyl group ltd

Latest music industry growth report from Goldman Sachs. An...

  1. 774 Posts.
    lightbulb Created with Sketch. 144
    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
 
watchlist Created with Sketch. Add VNL (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
-0.005(4.76%)
Mkt cap ! $95.96M
Open High Low Value Volume
10.0¢ 10.0¢ 9.9¢ $21.15K 212.8K

Buyers (Bids)

No. Vol. Price($)
1 2500 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 100000 1
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
VNL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.