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Monopolies and Music: Challenges in the Streaming Era
This chapter explores the intricate relationship between the music industry and technology, underscoring how major record labels maintain control over copyright and distribution, complicating competition for new streaming services. It addresses the inefficiencies in licensing systems, artist compensation, and the corporate dominance exerted by companies like Live Nation and Ticketmaster. The conversation also presents actionable solutions aimed at reforming contracts and improving transparency to benefit artists and creators within a monopolized landscape.