1 Music Stock to Buy and Hold for the Long Term

Things look to be turning around for this household-name company.Last year was a big one for the music industry. The global recorded music market grew 10.2% in 2023 to reach $28.6 billion, according to IFPI, which represents the recording industry. That's up from the 9% boost the industry experienced the previous year.Unsurprisingly in this digital age, the bulk of the growth came from streaming. Revenue from streaming subscriptions increased 11.2% and accounted for roughly half of total music revenue.The r ...