
In this piece, I evaluated whether China-based entertainment stock Tencent Music Entertainment Group (TME) is a better buy than the entertainment giant Walt Disney Co. (DIS). After thoroughly evaluating these stocks, I think TME might be a better buy for the reasons discussed in this article.
Virtual reality is increasingly being adopted by the TV and radio broadcasting industry to create a potential impact on audiences. Live events such as sports and music are expected to boost the demand for VR adoption by helping audiences to connect with major events through a dynamic environment.