February 18, 2020 | RIAA News
Axios: Record labels rush to IPO amid music streaming boom
An explosion in people paying for music via streaming services is helping to revive the decades-old record label business, which is now preparing for a slew of public offerings. How it happened: “The record companies have transformed themselves into music entertainment companies that provide services to all artists at any stage of their career and regardless of whether they are signed to that label,” says Mitch Glazier, Chairman and CEO of the Recording Industry Association of America (RIAA).
See the article here.