Music Companies Have a Long Way to Go on Diversity, USC Annenberg Report Concludes
The study found that across 70 major and independent music companies, just 13.9% of top executives across were from underrepresented racial/ethnic groups, 4.2% were Black, and 13.9% were women.
The results are not much better further down the executive chain. Of more than 4,000 executives at 119 major and independent companies and their subsidiaries, 19.8% of executives at the VP-level and above were underrepresented, 7.5% were Black, and 35.3% were women. Underrepresented and Black executives varied little from the VP/Head level of employment to EVP/SVP/GM roles, or in Chief/President positions.
“The path to influence in music looks very different for white women and women of color,” the report states. Record labels were the only category where the percentage of Black executives reached proportional representation with the U.S. population. In every other category, the percentage was less than 10%: 7.4% in streaming, 7.2% in music groups, 6.1% in publishing, 4% in radio, and 3.3% in live music and concert promotion.
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