Music Industry Moves: Concord Strikes $468 Million Deal for Round Hill Fund; Exceleration Acquires Redeye Distribution

7 out of  a16z ’s latest Marketplace 100 are resale marketplaces.  2 of these 7 are in the top 10 (GOAT, StockX).  Since last year, 3 resale marketplaces “graduated” via IPO or acquisition (Depop, 1stDibs, Tradesy).

Secondly, your strengths to distribution increasingly get fragmented. So in the early days of streaming Spotify as the leader was the dominant platform, but we've seen not only other large leading streaming platforms develop and we can get into that dynamic because that's a very interesting part of the market as well, but we've now started to see d... See more

"I believe that in the near future that we will go from Record Labels being your majority partner, to fans becoming your minority partner "