Private Investors Love Music. Why Doesn’t Wall Street?

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...