‘Carved Out’: Is a Music Industry Holdover From the Old Guard Sidelining Female Executives?

The music industry loudly made promises for change in 2017, when #MeToo swept the entertainment business, and 2020, when George Floyd’s murder at the hands of police officers prompted a racial reckoning. But for all the pledges for inclusion and millions of dollars pledged to diversity, are things actually different? To judge by one remnant of the old guard, the coveted “carve out” — an employment deal that allows executives to continue to work and profit from side-hustles, such as managing an artist — remains mostly out of reach for women in high-ranking positions. “Carve outs stink of insider trading,”… Read Full Article