23min chapter

Trapital cover image

The Trapital Report 2023

Trapital

CHAPTER

The Paradox of Choice and Premiumization in the Music Industry

This chapter explores the overwhelming options in music and the trend of artists investing more in production to attract audiences. It discusses the impact of the paradox of choice on consumer decision-making. The chapter also highlights the rise of premiumization and the challenges faced by artists at different levels of fame.

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