Streaming Wars

Walt Disney Co. just surpassed Netflix in total streaming subs (221.1m vs. 220.7m). And it did so in less than 3 years since launching Disney+. How? By combining great content with a technology it acquired from the MLB (yes, Major League Baseball) for $2.6B. Here’s the story🧵

If the Tech Right sees this fight as the inevitable march of progress, the Populist Right is writing an entirely different anthem. Nowhere is this more visible than in Tennessee, where Governor Bill Lee signed the ELVIS Act, a landmark law recognizing an artist’s voice and likeness as a protected property right, specifically to block unauthorized... See more

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