Like Access Industries, Liberty Media Is Building A Full Stack Music Company 

The full stack strategy is a rerun of the phase of media and tech consolidation in the 1990’s and 2000’s that gave birth to entities such as AOL Time Warner and the emergence of new over-extended corporate empires for the likes of Vivendi, Sony and Bertelsmann. Notably, all four of those included a major record label group (UMG, Sony Music, BMG, Warner Music respectively).

Source: Like Access Industries, Liberty Media Is Building A Full Stack Music Company – hypebot