Hellman & Friedman 's majority stake in Global Music Rights marks a watershed moment — private equity firms now control three major PROs (alongside New Mountain Capital's BMI and Blackstone's SESAC). Blackstone 's successful acquisition of Hipgnosis Songs Fund further cements institutional investors’ central role in the financialization of musi... See more
The major labels are finally facing a crucial reality: Independent music's market share keeps climbing, and controlling the infrastructure behind it is becoming as vital as owning rights.
Universal Music Group's Virgin Music Group led this charge in 2024 — snapping up Downtown Music Holdings in a $775M power move (pending regulatory approval), as w... See more
Music has emerged as private equity's recession-resistant darling, thanks to streaming's predictable revenue patterns and live entertainment's remarkable post-pandemic resilience.
What isn’t discussed as much — but is happening in parallel with equal if not greater force, is the shift in corporate music-industry power dynamics away from the Western hemisphere, and towards Asia and the Middle East.
More specifically, music-industry capital flows are now inseparable from both Chinese and Saudi money . While these markets may no... See more
Major music rights holders and tech companies are now expected to generate profits for a dizzying array of stakeholders sitting outside of industry borders, including banks, private equity firms, big-tech conglomerates, and sovereign wealth funds — not to mention public retail investors.
There has been no central resource tracking these macro shifts... See more
"The Future of Rock and Roll: 97WOXY and the Fight for True Independence," Robin James, and "Chokepoint Capitalism," Rebecca Giblin and Cory Doctorow.
“We have to overcome some legal hurdles, but we could unionize musicians tomorrow,” DeFrancesco said. “SAG is like an alternate history for musicians. We’ve done all this before and won, just not within recent memory.”
Some musicians are in fact unionized. The American Federation of Musicians, with 80,000 members in the U.S. and Canada, collectively... See more
The phrase represents WOXY’s core feature: its philosophy of independence. The idea that you can only be truly independent—creatively and otherwise—if you pursue that independence with and for other people