#2283 - Billy Corgan

Bullish

• $CONCERTPROMOTERS— The music industry is now primarily driven by live performances and touring, suggesting potential growth for companies involved in concert promotion and live event management.

  • “The music business is basically a touring business first now Right. And everything else is in support of the touring business.”

    Joe·1:58:44Hear it
• $AUTHENTICCONTENT— Authenticity is becoming increasingly rare and valuable in media and entertainment, suggesting potential opportunities for creators and platforms focused on genuine content.

  • “Because authenticity is less and less and less important. Those who establish authenticity, and I would include myself amongst that and I would include you in that, they're very valuable.”

    Joe·36:00Hear it

  • “I think authenticity is more valuable now than ever before because it's it's hard to find.”

    Billy·34:45Hear it
• $INDEPENDENTARTISTS— Independent artists are achieving significant success through platforms like YouTube, indicating potential growth in the independent artist sector and platforms supporting them.

  • “Oliver Anthony, he put out that rich man north of Richmond, and then it's fucking gigantic. A hundred million views on YouTube. It's like, it's crazy.”

    Billy·2:46:55Hear it
• $MUSICSTREAMING— The music industry is shifting towards more artist-centric, fan-friendly models, suggesting potential growth for new streaming or distribution technologies.

  • “I think ultimately will benefit the fans of the artist, and they'll get more of what they want and less of what they don't want.”

    Billy·2:47:13Hear it

Bearish

• $RECORDLABELS— The music industry is trending towards direct artist-to-fan commerce, potentially reducing the relevance of traditional record labels.

  • “Peer to peer, ability to create commerce.”

    Joe·2:46:31Hear it

Not investment advice.