Music stream surges ever higher
The music sector was one of the first to be hit by the digital revolution more than 10 years ago. The way we listen to music on the go continues to evolve with technology at a rapid pace. Music streaming is surging on smartphones and mobile devices driven by faster internet speeds, larger mobile data packs and lower costs of listening to music for the consumer. In my monthly AFR column published this Wednesday, I discussed the implications of music streaming for the Australian music industry. You can read the full article here: (VIEW LINK).
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap (ASX: WMI), WAM Alternative Assets (ASX: WMA), WAM Strategic Value (ASX: WAR), WAM Research (ASX: WAX) and WAM Active (ASX: WAA) - and the Wilson Asset Management Leaders Fund. Wilson Asset Management invests over $5 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the first LICs to deliver both investment and social returns: Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG).
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