The Cadence: The Dutch Now Own The Biz
by Joshua Glazer & Chris Monaco
Monday’s American holiday meant that much of the good news is coming from our friends living below sea level. We’ll get right to the point with the clicks we clicked.
TAKEAWAYS
The most salient statements from recent industry articles.
1. Universal Music IPO Has One Off-Beat Note
The UMG IPO is coming ASAP to the AEX, so WSJ parsed the EUR that will be hitting. Have your SWIFT Code ready. LOL.
Takeaway: Strong investor appetite for music assets since the pandemic began might explain the accelerated timeline. The news sent Vivendi’s share price up one-fifth on Monday.
Photo by Raphael Lovaski on Unsplash
2. Dutch festivals planning to go ahead this July
This is the future the liberals want!
Takeaway: A cancellation fund of €300 million was issued to event organizers last month, giving them the security and freedom to plan their 2021 events.
Mysteryland 2019 (Photo by Jorik Kleen on Unsplash)
3. Netflix is working on its own Britney Spears documentary
Great, so now our #freebritney watch queue is going to double.
Takeaway: It's not uncommon to see multiple takes on the same story like this -- a few years ago, both Hulu and Netflix produced dueling documentaries about the Fyre Festival debacle.
Ringo Chiu / Shutterstock.com
4. How COVID is ‘creating a new genre’ for live music
It’s hard to advocate for a green screen future, but DJs and balloons used to conotate something different.
Takeaway: Before the pandemic even hit we were trying to reimagine how we could provide a cinematic experience for the audience at home, not just the live audience.