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Music Business Worldwide

Spotify's sneaky songwriter pay move and Blackstone vs. Concord: Talking Trends

24 min26 april 2024

On this episode of Music Business Worldwide's Talking Trends, MBW founder, Tim Ingham, is once again joined by Charlie D'Atri, to discuss two key recent headlines from the world of entertainment: 

(1) A battle between Concord and financial giant Blackstone to acquire Hipgnosis Songs Fund – the UK-listed bundle of music rights accumulated by Merck Mercuriadis; 

(2) Spotify's decision to re-categorize its Premium subscription tiers as 'bundles' – including audiobooks – that will materially lessen the royalty rate paid to songwriters in the US.

People and companies mentioned on this Talking Trends podcast include: Spotify, Daniel Ek, Blackstone, Merck Mercuriadis, Concord, NMPA, David Israelite, EQT, Shot Tower Capital, BMG, Citrin Cooperman, and more. 

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