Best Music Stocks To Keep An Eye On - October 17th

Key Points

• Seven notable music stocks to watch include NetEase, Warner Music Group, Tencent Music, Dolby Laboratories, Madison Square Garden Entertainment, Zeta Network Group, and Kuke Music, as identified by MarketBeat.
• These companies represent core businesses in music creation, distribution, and monetization, providing insights into trends like streaming subscriptions and live events while also facing industry-specific risks.
• Each company, such as Warner Music Group and Tencent Music, focuses on different facets of the music industry, including recorded music, publishing, and online music entertainment platforms.

NetEase, Warner Music Group, Tencent Music Entertainment Group, Dolby Laboratories, Madison Square Garden Entertainment, Zeta Network Group, and Kuke Music are the seven Music stocks to watch today, according to MarketBeat's stock screener tool. "Music stocks" are shares of publicly traded companies whose core businesses involve creating, distributing, monetizing, or supporting music—such as record labels, streaming platforms, music publishers, concert promoters, and instrument or audio-equipment manufacturers. For investors, they offer exposure to trends in music consumption and monetization (streaming subscriptions, licensing/royalties, live events) while carrying industry-specific risks from changing tastes, technology disruption, copyright disputes, and cyclical touring revenue. These companies had the highest dollar trading volume of any Music stocks within the last several days.

NetEase (NTES)

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.

Read Our Latest Research Report on NTES

Warner Music Group (WMG)

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville.

Read Our Latest Research Report on WMG

Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.

Read Our Latest Research Report on TME

Dolby Laboratories (DLB)

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, home entertainment devices, and automobiles. The company develops and licenses its audio technologies, such as AAC & HE-AAC, a digital audio codec solution used for a range of media applications; AVC, a digital video codec with high bandwidth efficiency used in various media devices; Dolby AC-4, a digital audio coding technology that delivers new audio experiences to a range of playback devices; and Dolby Atmos technology for cinema and various media devices.

Read Our Latest Research Report on DLB

Madison Square Garden Entertainment (MSGE)

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Zeta Network Group (ZNB)

Color Star Technology Co., Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc.

Read Our Latest Research Report on ZNB

Kuke Music (KUKE)

Kuke Music Holding Limited, through its subsidiaries, provides classical music licensing, subscription, and education services in China. It operates through two segments: Subscription, Licensing and Smart Education Business; and Music Events and Performances Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions.

Read Our Latest Research Report on KUKE