A new article in The Atlantic takes private equity to task for emphasizing catalog music at the expense of new stars, but it’s missing the bigger picture.
An investor group led by Blackstone now holds a key piece of the accounting giant, which owns one of music's most powerful valuation firms.
The latest funding round values the Label Engine and Flighthouse owner at $1 billion.
Private equity isn’t wrecking the industry. But investors own rights to music by Stevie, Whitney, and now Cyndi Lauper. How much will that change things?