6/30/2018

Money For Something

The Warners Music Group has been practicing some hardcore artist divestment over the last 5 years, more or less, basically selling off entire subsidiary labels and/or the complete catalogs of artists for whose music they hold the rights. (Interestingly, the artists in question have the right to oppose the divestment.)

Question: Couldn’t they make a killing on the licensing of all that music? Or have they figured that a lump sum is a better deal? And what’s the endgame here? (OK, that's three questions...)