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Restaurant and Coffee Shop Owners Struggle with Music Licensing Fees

VNExpress Kinh Doanh • 06/15/2026 Neutral
Restaurant and Coffee Shop Owners Struggle with Music Licensing Fees

Summary

The core idea of the story, in a faster reading layer.

Many cafes and restaurants in Ho Chi Minh City play free music without paying royalties or only purchasing personal use licenses. Cafes frequently open popular playlists on music streaming apps or apps operating across the entire chain.

AI quick analysis

A short investor-focused read on transmission channels, sectors, and near-term watchpoints.

1) Market Context & Analysis Scope

  • The current market situation shows a state of instability in the global financial market with a high VIX index, a strong USD, and rising gold prices.
  • The analysis scope focuses on the impact of music copyright issues on restaurants and coffee shops in Ho Chi Minh City.

2) Mechanism of Impact

  • Revenue expectations from music business activities are affected as many coffee shops do not pay copyright fees or only purchase for personal use.
  • Music business revenue may decrease, leading to pressure on profit margins and company value.
  • The surprise factor is high as many restaurants and coffee shops have used free music to attract customers.
  • 3) Industry/Stocks Benefiting or Under Pressure:
  • Benefiting:
  • Companies providing background music and online music services may increase revenue from providing music to restaurants and coffee shops.
  • Music production and distribution companies may increase revenue from selling music copyrights to businesses.
  • Under Pressure:
  • Restaurants and coffee shops may face pressure on profit margins and company value due to unpaid music copyright fees.
  • Businesses may need to find alternative ways to attract customers and increase revenue.

4) Risks to Monitor

  • Risks of lost revenue and profit for restaurants and coffee shops.
  • Risks of lost company value and reputation for businesses that do not pay music copyright fees.
  • 5) Short-Term Timeframe:
  • In the short term, restaurants and coffee shops may face pressure on profit margins and company value.
  • In the medium term, businesses may need to find alternative ways to attract customers and increase revenue, such as using background music and online music services.

AI-assisted synthesis only. Not investment advice.

Potentially affected tickers

Heuristic mapping from the story and reference listed-market data.

HCMNeutral

Price: updating

Directly mentioned in the story; current tone is neutral.

Explicitly mentioned in the story

Source excerpt

Stored source excerpt from the original article, without rewriting the publication's voice.

Music has become an essential part of most coffee shops, but many current stores are now playing for free without paying royalties, or paying in the form of personal use licenses.