Thoughts.


A selection of our observations on industry trends.

Andrew Kotliar Andrew Kotliar

A pressing issue

Still a very small portion of the music industry (physical accounted for 11% of U.S. revenues in 2021, 7% of which were vinyl [RIAA]), the vinyl industry is a fascinating microcosm to explore as metaphor for the larger recorded music industry.

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Luke Davies Luke Davies

The slow revolution in podcast ad sales

Recently, there has been a tremendous amount of public debate about the role media platforms must play in our society. This debate grows louder in particular around platforms monetizing…

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Luke Davies Luke Davies

Media buyers face inflation

Talk of inflation is abundant in today’s financial markets. In the media industry, we are focusing on significant price increases of advertising rates across formats. In the legacy world of linear television…

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Andrew Kotliar Andrew Kotliar

Opportunity dressed in overalls

In the filmed entertainment business, we are closely watching the growth in “overall” deals — contracts that lock-up creators to exclusively work for one specific…

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Andrew Kotliar Andrew Kotliar

Let’s not put a label on it

An important music industry deal made headlines this past month: Sony Music is acquiring AWAL from Kobalt for $430M. Kobalt is a rights management company long seen as…

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Andrew Kotliar Andrew Kotliar

The art of artist management contracts

The end to a chaotic 2020 is ushering in a flood of music industry headlines: from Bob Dylan, Stevie Nicks, and David Crosby selling their songwriting catalogs to the ongoing theatrics…

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Andrew Kotliar Andrew Kotliar

Ad Supported Video: Proving Skeptics Wrong

While headlines about the media industry are frequently dominated by reports of the “wars” between video subscription services, interesting developments are also transpiring…

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Andrew Kotliar Andrew Kotliar

Metallica & Market Timing

The end of a wild summer in the financial markets coincided with a music industry release that tipped its hat to another feverish era: 1999…

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Andrew Kotliar Andrew Kotliar

Advertising spend gyrations

We’ve been observing a healthy debate ripple through our industry: is media advertising spend doomed for a prolonged decline or will the COVID-related uncertainty simply…

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