Trapital Summit is on Sep 10 in LA. Join us! Get your tickets here.

The major record labels are adapting for the modern era. Lately, that shift has them looking less like RCA and more like KKR. These companies have invested less in signing new artists and more in acquiring the legendary back catalog of music. With streaming driving steady royalties, the music rights of proven hits are valuable. Music companies have teamed up with private equity firms to cash in.

I also break down how this changes artist deals, lowers risk-taking, and opens the door for global investors and even artists to buy in.

00:33 The Shift to Private Equity

03:45 The Back Catalog Boom

09:24 A&R Reductions

12:14 What The Future Holds

This episode is presented by State Farm, the home for your small business needs. Like a good neighbor, State Farm is there.

Listen in for our Chartmetric Stat of the Week.

Trapital Summit is on Wednesday September 10 in LA. Join us!