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Music Streaming Is Just a Tough Business
With 30% Maggertia, Spotify is by a lot of margin, the biggest streaming service in the world. When Spotify launched, they were really at the mercy of the major labels. EMI, Sony Music, Universal, Morning Music Group, together they have more than 85%. So what you see now after Spotify made agreements for all of these labels,. What you see now is that smaller competitors are using to some extent this type of contracts.
Stig speaks to Tobias Carlisle and Hari Ramachandra. Stig only owns five individual stocks, and in this episode, he outlines why he added Spotify as the newest addition to his portfolio. Hari’s pick, Disney, has recently been extremely volatile, and Tobias pitches Amgen, a value stock with strong downside protection in uncertain times.
IN THIS EPISODE YOU’LL LEARN:
0:00 - Intro
01:24 - Why Hari is bullish on Disney (Ticker: DIS)
34:39 - Why Stig has invested in Spotify (Ticker: SPOT) as one of the five stocks he owns
1:00:46 - Why Toby is bull on Amgen (Ticker: AMGN)
1:31:18 - Whether Chatbot GPT will disrupt Google’s wide moat.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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