Jottings of note:
…Lisa Yang leaves her position at Goldman Sachs as Managing Director, Head of European Media & Internet Equity Research, to join Warner Music Group as EVP, Global Head of Strategy. She brings to UMG a 17-year resume which shows positions in Hong Kong, London, Shanghai, and the U.S. We learn from another source that Yang authored Goldman Sachs’ Music In The Air report for 10 years, and that she will report to Michael Ryan Southern, who has been with WMG for 15 months, and was a Managing Director at Goldman Sachs.
Hernan Lopez, Founder of Owl & Co and ex-CEO of Wondery, has posted an open article which promotes the idea of Netflix merging with Spotify. He concedes that combining two unicorn giants in their respective fields is rare; with so much success and profitability on boh ends, “Why go through the hassle and distraction?” Lopez answers his own challenge by itemizing each company’s unique value and business advantage — Netflix would benefit from Spotify’s freemium funnel, for example; and the Netflix freemium model would interlock with Spotif’s subscriber business. Both companies would enjoy enhanced “defensibility” against YouTube, creating “a moat that YouTube couldn’t easily cross. Much more HERE, with reader conversation.
October 20, 2025
