Faith Hahn

You can’t convince the general public that technological progress is actually bad if they like it.

She explains that a young man had once fallen passionately in love with the statue and managed to get locked in with her all night; and that the little stain is the only surviving trace of his lust. The heterosexual and the homosexual both gleefully claim that this proves their point (the one observing that even a woman in stone could arouse passio... See more

Music Industry Moves: Concord Strikes $468 Million Deal for Round Hill Fund; Exceleration Acquires Redeye Distribution

In late 1970, Lockheed was near bankruptcy because of the large debt they had built up to fund the L-1011 Tristar commercial aircraft program. They approached the Nixon administration for a $250 million loan guarantee to avoid insolvency. That is about $1.9 billion in today’s dollars. Here was an opportunity to transfer the assets to a private defe... 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 musi... See more

But the music industry does not typically recognise social media as a form of music consumption or YouTubers as artists.

So lately I have been wondering: Is music stuck? Or is the industry unable to see what it is becoming?

Although late to the party, this year Universal, through Virgin Music Group, acquired Downtown Music Holdings for $775 million in cash in December 2024. Downtown Music Holdings includes a number of companies, most notably CD Baby, Fuga, AdRev, SongTrust, and Downtown. Through these companies, Universal now owns independent music recordings, distrib... See more