Sony Music
How Sony Music survived the death of CDs by owning the songs that every streaming platform needs to exist.
Most labels bet on discovery. A&R directors listen to thousands of demos, gambling unknown artists become famous. Ninety-five percent never earn back advances. The lottery is brutal. Sony reversed it. Instead of betting on who people would love tomorrow, they bought music loved today. In twenty eighteen, Sony acquired Sylvia Robinson's catalog for five hundred million dollars. Established songs generating five hundred thousand dollars annually never stop. Every Spotify stream, YouTube play, radio rotation paid Sony. Sony spent billions acquiring catalogs. The Beatles, Taylor Swift, Bruce Springsteen's bodies of work. Compounding royalties from decades-old hits outearned one-in-a-million artist bets by orders of magnitude.
Watch the full reel free on MoonReelz — moonreelz.com