Investors have poured more money into music than ever before. Music as an asset class if hotter than ever,. But the public markets have discounted the value of music companies:
- UMG stock is currently trading near its all-time low
- WMG trades at a discount on its earnings relative to UMG
- RSVR is going through a takeover attempt
- Several publicly traded music companies have been taken off the public markets
This is a huge disparity, and it was time to explain why.
In this solo episode, I break down this paradox. We will also connect the dots to real estate, the post-2021 repricing, and why more take-private attempts may be ahead.
CHAPTERS
00:10 Private vs Public Money in Music
07:26 Similarities in Music
08:19 2021 Reset
15:10 WMG and UMG
24:02 What’s Ahead
SPONSORS
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Chartmetric: Listen in for our Stat of the Week
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Linktree: Share music, sell merch, and connect with fans on one simple link. Linktree is the #1 link in bio tool that musicians and artists use to connect fans to everything they do.
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