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Title: WMG CEO Robert Kyncl’s Thoughts on Building an Indie Distributor

In a recent interview with Billboard, Warner Music Group (WMG) CEO Robert Kyncl shared his insights on the music industry’s competitive landscape and the role of independent distributors. His comments highlighted the potential benefits of building a distributor from scratch rather than acquiring an existing one.

During the discussion, Kyncl emphasized that the data suggests there is still significant room for growth in pricing, particularly within mature markets. He believes that this presents opportunities for companies like WMG to build and develop their own independent distributors, potentially offering more flexibility and control over operations.

Kyncl’s statements indicate a focus on innovation and adaptability, as well as a willingness to challenge the status quo. By creating its own distributor, WMG may be able to capitalize on emerging trends and better serve artists and labels in the rapidly evolving music industry.

This approach could also allow WMG to maintain creative control over the development of their distribution services, ensuring that they align with the company’s values and goals. Building an independent distributor might provide a fresh start, free from the potential constraints or inefficiencies that can arise when integrating an existing business into a larger organization.

While it is unclear at this time whether WMG will indeed pursue building its own distributor, Kyncl’s comments suggest that such a move is not entirely off the table.

Source: https://www.billboard.com/pro/warner-music-ceo-building-distributor-better-buying-one/