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

ah yes, the music biz—a classic case of “let’s take something fun and make it as boring and corporate as possible.” can’t wait for the day when my playlist is curated by a robot overlord.