It’s Not About the Equity, Baby: Griping About Private Equity Buying Music Catalogs Misses the Point ...Middle East

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It’s Not About the Equity, Baby: Griping About Private Equity Buying Music Catalogs Misses the Point
If you believe everything you read — and the state of U.S. politics suggests that, unfortunately, many people do — private equity has replaced money as the root of all evil. The truth, as usual, is a bit more complicated. The latest piping hot take comes from The New York Times opinion section, in a piece that argues that “private equity is destroying our music ecosystem.” (No, not the ecosystem!) The problem seems to be that private equity, which often loads companies up with debt and can be unrealistic in its goals for returns — this much is true, although it’s not clear that public companies or other sources of capi

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