Music Stocks Worth Watching - September 25th

Key Points

• NetEase, Tencent Music Entertainment Group, and Warner Music Group are highlighted in the article as key music stocks to watch due to their high trading volumes and diverse revenue streams, including streaming, licensing, and concert promotions.
• Diversification in revenue streams is crucial for these companies, which generate income through subscriptions, advertising, royalties, ticket sales, and licensing deals, reflecting the evolving consumer listening habits and technological advances in the music industry.
• Innovative Eyewear's Lucyd Lyte glasses showcase how technology is merging with music by enabling users to listen to music and manage calls hands-free, highlighting a trend towards integrated entertainment solutions.

NetEase, Tencent Music Entertainment Group, Warner Music Group, Dolby Laboratories, Madison Square Garden Entertainment, Zeta Network Group, and Innovative Eyewear are the seven Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are equity shares of publicly traded companies whose core business involves creating, producing, distributing or monetizing music—ranging from streaming platforms and record labels to concert promoters and instrument makers. By investing in these stocks, market participants gain exposure to revenue streams such as subscription and advertising income, royalties, ticket sales and licensing deals. Their performance is often driven by shifts in consumer listening habits, technological innovation and the handling of intellectual property rights. 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

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

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

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)

Read Our Latest Research Report on MSGE

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

Innovative Eyewear (LUCY)

Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice.

Read Our Latest Research Report on LUCY

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.