Music Industry News Today (And Where the Business Is Actually Heading) | Bobby Owsinski's Inner Circle Ep. 626

About this episode

Bobby Owsinski discusses the shift in the music industry from artist development to financial interests, highlighting the implications for artists.

Music business professionals who still see major labels as career partners need to hear what Bobby Owsinski lays out plainly: Universal Music Group's pursuit of a $3 billion Spotify stock sell-off signals that labels have shifted from artist development engines into financial instruments that happen to license music. The failure mode is assuming the label is on your side when, as Bobby explains, artists are a line item on a balance sheet. His counterintuitive fix is to stop waitin...

People in this episode

Host: Bobby Owsinski

Topics covered

• music industry
• major labels
• artist development
• financial instruments
• career partnerships

Keywords

• music business
• major labels
• Universal Music Group
• Spotify stock
• artist development

Mentioned in this episode

Organizations: Universal Music Group

Products: Spotify

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