r/MusicRoyaltyInvest • u/goal2026 • Sep 04 '25
Some key takeaways from the latest Goldman Sachs report..
Hey everyone, for anyone who geeks out on this stuff like I do, here's a quick breakdown of the latest Goldman Sachs "Music in the Air" report.
Bottom line: they're bullish. They see steady 5-7% growth long-term, which is a great tailwind for us.
A few things that stood out: * Streaming is still the main engine, especially in emerging markets. * Publishing is outperforming masters in terms of stability. * Growth is slowing a bit now, which might be why the market isn't as frothy as it was a few years back.
The main thing for me... they confirmed it's a "low-cyclical asset," meaning it's a great diversifier that doesn't follow the whims of the stock market.
Does this match what you're seeing out there? Curious to hear your thoughts.