Music

> In 1999, there were six major labels. By 2012, through a process of aggressive mergers and acquisitions, there were just three. Having consolidated their power and market share, they operate an effective oligarchy, of which Spotify’s grotesque inequality is a high-profile manifestation.

> In 1999, there were six major labels. By 2012, through a process of aggressive mergers and acquisitions, there were just three. Having consolidated their power and market share, they operate an effective oligarchy, of which Spotify’s grotesque inequality is a high-profile manifestation.

https://jacobin.com/2025/06/spotify-music-industry-major-labels

It's crazy that Universal Sony and Warner are the only record labels, it's crazy

Musician • Songwriter • Producer | Web3's first rockstar | independent | check out my music: deshsaxena.com/release2

I had never sat and thought about it! Diversity is where nuance and perspective comes

I do choose digital street music as a path while I grow in technique and craft, but enjoying the journey and finding an authentic flow of content, using the tools but not being used by them #cyborgamishbalance

and since they control most of the world’s recorded music, I don’t see anyone posing a direct, large-scale challenge to them. I still hold out hope that artists will eventually have the tools and tech to connect directly with fans, but the game is heavily rigged