How Universal Music Going Public Ushers in a New Era for Music

UMG’s spinoff makes it obvious that the industry has entered a new phase, which looks like a boom for the kinds of acts that do well on streaming and the labels and distributors that work with them. It could further drive up the value of recording and publishing catalogs, which have already risen to unprecedented multiples, plus inspire other companies to go public.

Source: How Universal Music Going Public Ushers in a New Era for Music

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