Music-Tech Ownership Ouroboros

There's a scene in 30 Rock where GE CEO Jack Donaghy shares this flowchart of investments and ownership from the mega corporation - the joke being that GE doesn't release creative things, those kinds of endeavors are taken on by the lesser corps. Also, very funny that GE owns both a wig company and a "Party Meats" company (a subsidiary of Winnipeg Iron Works).

Of course, that joke is actually not really a joke because that is exactly how giant megacorps work. Case in point, research firm Water & Music has a similar chart they call the Music-Tech Ownership Ouroboros. In their own words, the chart's goal is:

Mapping the globalization and financialization of power in music and tech, with a focus on the rise in investments from media conglomerates, sovereign wealth funds, and private equity firms.

As you cruise around you may see interesting relationships like BlackRock is a top investor in Warner Music Group which has a 3% share in French streaming media platform Deezer. Or Sony Music Entertainment - which owns music distributor The Orchard - is owned by the Sony Corporation, which is an investor in Epic Games, which is an investor in Songtradr, which owns Bandcamp.

I'm not drawing any particular conclusion from this, I'm just remarking that it's an interesting bit of data to poke around in (tho, by their own admission, incomplete. Being 100% exhaustive would be impossible). Also worth noting that it's very well visualized - kudos to their flow charter.