Joel Katz: The 2015 Billboard Power 100
NO. 32

Joel Katz

70, Chairman of the global media and ­entertainment group, Greenberg Traurig

Last year's rank: 39

As 2015 gets underway, Katz is right where he usually is: in the midst of what could be the biggest deal of the year. Sources say he is shopping Big Machine Label Group on behalf of its founder Scott Borchetta. While Katz declines to comment, the potential sale could affect the competitive landscape among the majors. But Katz participated in other major deals in 2014: the acquisition of a 50 percent stake in Jason Owen's Sandbox Management by Scooter Braun's company Silent Media Group, the sale of Combustion Music Publishing to Atlas Music Publishing and a deal that led to a CMT-televised concert for George Strait's The Cowboy Rides Away Tour.

DEFINITION OF POWER: "Knowing you have it but knowing you don't need it."