Report
UMG : NFTs: what opportunities and risks for UMG?
>Probably the best-positioned European stock to benefit from new virtual environments - This note provides an update on the use of NFTs on the music market and the opportunity that they represent for a major like UMG. Although the market is still in its infancy, music seems particularly well-suited to it. Music currently represents just 1% of NFTs. This digital format constitutes both a risk (disintermediation via the direct commercialisation of rights by artists) and...
Underlying
UNIVERSAL MUSIC GROUP NV
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Jerôme Bodin
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