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Caledonia ready to ride the lightning – The Australian Financial Review

After smashing it out of the park in FY20, Caledonia’s stock pickers are betting Warner Music will be the big winners in a world where more people are consuming music than ever.

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And it appears to be a real Caledonia style pick; a major player in an industry at a crossroads, changing consumer trends and technological disruption.
The new name is Warner Music. Caledonias number crunchers reckon consumers are listening to more music than they used to and, importantly, spend more time on their tunes than video streaming services, social media or video games.
The question is how you make money out of music and its something that hasnt always been apparent.
While music is c…

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