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 music... 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
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... See more