The streaming revolution has unleashed a wave of disruption across the global music industry. The big winners may include Vivendi, with a market value of $31 billion, Sony Corp. (SNE), at $64 billion, Spotify, at $29 billion, and Tencent Holdings, at $24 billion, as music listeners switch from free to paid services, Goldman says in a story by Business Insider outlined in the story below. Goldman now expects the recorded music space to grow more than previous forecasts, roughly two and a half times from the current size at $19 billion. Read More...
4 Stocks Seen Leading As Streaming Music Market Triples
The streaming revolution has unleashed a wave of disruption across the global music industry. The big winners may include Vivendi, with a market value of $31 billion, Sony Corp. (SNE), at $64 billion, Spotify, at $29 billion, and Tencent Holdings, at $24 billion, as music listeners switch from free to paid services, Goldman says in a story by Business Insider outlined in the story below. Goldman now expects the recorded music space to grow more than previous forecasts, roughly two and a half times from the current size at $19 billion.
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