Music Industry
the market for music copyrights might actually be more solid than that for housing. So far, on-demand streaming has proved pandemic-proof, and it seems recession-proof, so the only danger would be a collapse of the copyright system — and it’s hard to imagine how that would happen, especially now that the music business survived illegal file-sharing... See more
Robert Levine • What Does Private Equity Mean for the Music Business Long-Term?
Reasons for optimism: On-demand music streaming has weathered the pandemic, suggesting it can weather other financial crises as well.
An all-out collapse of the copyright system would need to occur for any real damage to be done. The industry has survived other threats to the copyright system ie) illegal reproductions.
Absolute Label Services launches ‘Anthology’ business management portal for independent sector - featuring support from an AI-powered ‘music executive’ - Music Business Worldwide
Murray Stassenmusicbusinessworldwide.com
Really grateful for @rollingstone taking the time to interview me about @austere @artisthous.e and The Iconic Artist Blueprint. 😫🥹 Swipe to read it here or on their site in my bio 🔗
instagram.comMusic copyrights generate steady cash the way mortgages once did, but while individual investments can rise or fall, it’s harder to imagine that a financial squeeze would lead to a selling frenzy that would send prices downward across the board.
Robert Levine • What Does Private Equity Mean for the Music Business Long-Term?
How does this work? Need further research
Take Whitney Houston’s 1987 smash “I Wanna Dance With Somebody (Who Loves Me),” which was bought in late 2022 as part of a $50 million to $100 million deal by Primary Wave, a music publishing company backed by two private equity firms. The song was recently rebooted into our collective hippocampus via a movie about the singer, titled, naturally, “I... See more
Marc Hogan • Same Old Song: Private Equity Is Destroying Our Music Ecosystem
Example
subscription growth for streaming services like Spotify and Apple Music seems likely to slow, as the finite number of possible customers hits its limit. With less growth, values for music rights are expected to level off.
Marc Hogan • Same Old Song: Private Equity Is Destroying Our Music Ecosystem
Rod Stewart sells catalog to Iconic Artists Group for around $100m; company raises $1bn to buy more music rights
Murray Stassenmusicbusinessworldwide.com
is making money by gobbling up the rights to old hits and pumping them back into our present. The result is a markedly blander music scene, as financiers cannibalize the past at the expense of the future and make it even harder for us to build those new artists whose contributions will enrich our entire culture.
Marc Hogan • Same Old Song: Private Equity Is Destroying Our Music Ecosystem
Privae Equity is
Like the major Hollywood studios that keep pumping out movies tied to already popular products, music’s new overlords are milking their acquisitions by building extended multimedia universes around songs, many of which were hits in the Cold War — think concerts starring holographic versions of long-dead musicians, TV tie-ins and splashy celebrity b... See more