On the Media cover image

The Ensh*ttification of Everything

On the Media

CHAPTER

Impact of Monopsonies on Free Markets and Artists

This chapter explores how monopsonies like big record labels can influence businesses like Spotify to keep royalty rates low, prioritizing profits over fair compensation for artists. It also discusses preferential treatment given by platforms to certain creators, risking legal consequences for those trying to navigate their algorithms and rules.

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