The music industry isn’t where investors typically go to get rich quick. The business, despite its sheen of lucrative glamour, took a painful nosedive two decades ago when cheap digital downloads and piracy edged out physical CD sales; its pitiful revenues and unpredictability have caused Wall Street to slap a semi-permanent caution sticker onto it.
The mood, though, is changing.
This article originally appeared on www.rollingstone.com: Wall Street Is Betting on Music for the First Time in Decades
