Is big business stifling music creativity?
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The same private equity firms that have made leveraged buyouts two words employees have come to dread, are pouring billions of dollars into buying up the music catalogs of artists like Bob Dylan, Tina Turner and Bruce Springsteen. The result is a blander music scene says music journalist Marc Hogan. His new article for the New York Times explains these companies are killing creativity by making new music less valuable than old hits. His article is titled Same Old Song: Private Equity Is Destroying Our Music Ecosystem.