Gold and multi-platinum records, including golden oldies, are generating more streaming revenue than ever, and music professionals say hot music catalogs will continue to shine even as more traditional investments fade in a rocky and roiling economy.
Music is a good investment in the current climate not only because “digital goods are unaffected by tariffs,” says a report from TD Cowen released earlier this month, but because spending on music streaming is trending up, with a 12% YoY bump in 2024.
That upward trend is expected to continue for at least the next two years, says the report.
(Forbes)