Streaming Wars

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

There is currently a general lack of transparency around Discovery Mode . At the market level, it’s unclear who is engaging with the programme, whether the major rightsholders are using it or gain similar bene fi ts through other means, and how other interested parties are affected when it is utilised on a track. These concerns are compounded by... See more