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High-upside music industry stocks to buy amid AI, monetization: GS

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It's getting harder to make money in the music industry, and AI will change the game. But Goldman Sachs says these 5 stocks — including 2 with at least 40% upside — will still surge as the sector gets upended.

The bank said they expect streaming services to continually raise their subscription prices.The business side of the music industry is constantly evolving, especially as technology develops.

On streaming, the analysts see continued price hikes coming from streaming services as their subscription fees have remained relatively stagnant despite the services becoming more popular. As for AI, the analysts see a upside potential in terms of productivity when it comes to songwriting, song creation, licensing of AI-generated voices, and AI-generated videos content.

 

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