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HITS Daily Double

NEAR TRUTHS: THE BEAST FROM THE EAST

Two months into 2024, the Republic house that Monte and Avery Lipman built retains its firm grip on the current market-share race. The label’s current share is 12.6 as the new look for both the East Coast and West Coast UMG labels begins to take shape.

With Morgan Wallen, Taylor Swift, Noah Kahan and Drake, Republic continues to dominate the U.S. album chart.

It should be noted that the industry expects some changes in market share as the new East-West structure unfolds.

In any case, Republic co-Presidents Jim Roppo and Wendy Goldstein will prove vital as the Lipman brothers lean into their expertise in helping manage the new world order.

The versatile Roppo has a truly comprehensive understanding of the biz, having had his hands on marketing, artist development and emerging tech. His problem-solving skills and haimisch disposition have rendered him indispensable to the Lipman machine's success.

Goldstein, whose ear for what’s next made her an A&R legend early in her career, has played a crucial role at House Lipman from its inception. An artist whisperer, she is an integral part of Republic’s creative team.

As Republic’s empire grows, we expect these two will be called upon frequently to bring their complementary skill sets to bear on developing and breaking a newly minted artist roster.