A Founder-Led Company Buyback in the music industry occurs when the original founder, or a group led by them, repurchases a controlling stake or the entire company. This often happens when founders believe their company is undervalued or wish to regain strategic control, sometimes taking the company private.¹ This trend reflects a desire to steer the company's vision and capitalize on its future growth, as seen in cases like Believe's founder-led buy-back.²