imagine selling a catalog that generates 100 mil a year for a fraction just for the company that bought it to sell it for pennies and now some random owns your music.
He’s definitely made a killing. But the +$1 billion won’t be going to him, more rather the shareholders of the fund. Nonetheless I think he’s made a good bit of money off this vehicle.
Good content, please back up off the mic, there is clipping, distortion and lots of heavy bass THUMPS. ITs good information but it more than a little annoying to listen to.
How was this an example of vulture like behaviour? If somebody offers you cash to buy your home at an elevated price, would they be considered a vulture? He didn’t really squeeze money out of artists, it’s widely reported that he paid them well, almost too well. Hence the business imploded.
@@El_popi_negro "...he paid them well, almost too well." Look 👀 at this random shady guy from the internet. All for mooching off of other people's creative efforts 😆 Entertainment is a business, sure. But, when the middle men start thinking they're worth more than the artists you get the music industry. Happy to see these vultures futures go down in flames. Blackstone is run by demons, so I'm sure we'll see this exact "business model" again soon.
This business model already exists everywhere, just not publicly traded versions. There are thousands of music catalogue acquisition vehicles globally.
Would be interesting to know what you would prefer in your ideal world. Would you prefer things if nobody offered artists the ability to sell their rights?
@@economicsofentertainment I had replied to the first guy that responded to my comment on here, now it's gone. It was a pretty thorough response that addressed your questions. I'll summarize it by saying this: whenever you have the middle men thinking that they're more valuable than the artists, you get the music "industry". Property and intellectual rights have got to be one of the worst pieces of legal fiction ever created. That's all I will say this time around. This response probably won't even be visible anyway.
Very few are reporting on this gap of music and investment. Appreciate it, I think if done right it could be a thing
Appreciate the feedback. Please check out some of the other vids I have made focussing on the space!
@@economicsofentertainment Oh yeh been tapped in with your videos
imagine selling a catalog that generates 100 mil a year for a fraction just for the company that bought it to sell it for pennies and now some random owns your music.
Sounds like a terrible deal for all….
I think they suffered from a trying to grow too quickly. Great idea but poor execution. Loving this video!
I think so too. Appreciated!
Really good video and informing!
Glad you liked it!
This is pretty interesting, had no idea it went down like this
Much appreciated, yeah things are going south over there
Great video. Would love to see what Blackstone do with the assets after the sale.
Thanks and likewise!
Love it
Glad you enjoyed it!
He just sold Hipgnosis for like 1 billion dollars. I’d say he made off like a fucking bandit.
He’s definitely made a killing. But the +$1 billion won’t be going to him, more rather the shareholders of the fund. Nonetheless I think he’s made a good bit of money off this vehicle.
It’s not clear how much he’ll make from the sale. But I’m sure he’s made a handsome amount off hipgnosis between 2018 and now anyway.
👏🏽👏🏽👏🏽
👌👌👌
Really enjoyed this video, I can tell you do a lot of research in your videos and I thoroughly enjoy them! Keep it up!
Thanks I will keep it up! Appreciate the feedback.
Quality vid man
Much appreciated! I am glad you enjoyed it!
great video, appreciate you. #DRE9 #HONOURWAVE
Glad you enjoyed the video.
Great
Thanks!
Well researched and quite interesting.
Please keep it coming.
Thank you. Will definitely keep them coming!
Great video.
Thanks!
Great content as always. Think the next publicly traded music investment company can learn a lot from their mistakes.
Well said!
Another great video🫡
Much appreciated, glad you enjoyed!
Interesting idea though, then again music rights has always been tricky.
Spot on! It has never been easy…
Good content, please back up off the mic, there is clipping, distortion and lots of heavy bass THUMPS. ITs good information but it more than a little annoying to listen to.
Appreciate the feedback.
News flash, using your face in between slides to make this presentation make people trust you more.
Okay thanks for your opinion 👍
You need a pop filter in front of your microphone.
Okay noted, thanks.
This is trash. Happy to see this kinda didn't work out. Just the last gasps of vultures looking for ways to squeeze money off of artists.
How was this an example of vulture like behaviour? If somebody offers you cash to buy your home at an elevated price, would they be considered a vulture? He didn’t really squeeze money out of artists, it’s widely reported that he paid them well, almost too well. Hence the business imploded.
@@El_popi_negro "...he paid them well, almost too well." Look 👀 at this random shady guy from the internet. All for mooching off of other people's creative efforts 😆 Entertainment is a business, sure. But, when the middle men start thinking they're worth more than the artists you get the music industry. Happy to see these vultures futures go down in flames. Blackstone is run by demons, so I'm sure we'll see this exact "business model" again soon.
This business model already exists everywhere, just not publicly traded versions. There are thousands of music catalogue acquisition vehicles globally.
Would be interesting to know what you would prefer in your ideal world. Would you prefer things if nobody offered artists the ability to sell their rights?
@@economicsofentertainment I had replied to the first guy that responded to my comment on here, now it's gone. It was a pretty thorough response that addressed your questions. I'll summarize it by saying this: whenever you have the middle men thinking that they're more valuable than the artists, you get the music "industry". Property and intellectual rights have got to be one of the worst pieces of legal fiction ever created. That's all I will say this time around. This response probably won't even be visible anyway.