7min chapter

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode