Press Clipping
02/01/2024
Article
Billboard Power 100

John Josephson
CHAIRMAN/CEO
SESAC MUSIC GROUP
After a spate of acquisitions over the last decade — including, in 2023, content management system and digital distributor Audio Salad and publishing administration company Music Services — Blackstone-owned SESAC spent the last year reorganizing into four lines of business: music services, which includes the two aforementioned companies, as well as Rumblefish, Audiam and the Harry Fox Agency; performing rights; church music resources; and owned audio-visual music production operations. “This new organizational structure will enable us to meet the needs of our clients more effectively and continue to grow the business through this global strategy,” Josephson says. SESAC also expanded internationally, leading the creation of the Asian Alliance Music Rights Organization, a hub established to manage licensing and royalty distribution of the combined repertories of Asian collection societies in the Philippines, Indonesia, Malaysia, Thailand and Vietnam.